Latino Bar ApS — Credit Rating and Financial Key Figures

CVR number: 32349269
Jægergårdsgade 65, 8000 Aarhus C

Credit rating

Company information

Official name
Latino Bar ApS
Personnel
32 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About Latino Bar ApS

Latino Bar ApS (CVR number: 32349269) is a company from AARHUS. The company recorded a gross profit of 1516 kDKK in 2023. The operating profit was 277.9 kDKK, while net earnings were 202.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.7 %, which can be considered excellent and Return on Equity (ROE) was 134 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Latino Bar ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit144.1388.73- 165.5137.091 515.98
EBIT144.1388.73- 165.5137.09277.92
Net earnings97.1857.47- 136.3221.48202.35
Shareholders equity total107.20164.6728.3549.83252.18
Balance sheet total (assets)818.59586.59587.83358.33859.25
Net debt75.69294.21104.79250.12- 110.70
Profitability
EBIT-%
ROA15.3 %12.6 %-28.2 %7.8 %45.7 %
ROE165.8 %42.3 %-141.3 %55.0 %134.0 %
ROI39.8 %25.8 %-43.3 %12.4 %90.7 %
Economic value added (EVA)112.3364.62- 135.9334.73215.24
Solvency
Equity ratio13.1 %28.1 %4.8 %13.9 %29.3 %
Gearing85.3 %196.4 %877.2 %540.4 %14.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.30.10.6
Current ratio1.21.41.11.20.6
Cash and cash equivalents15.7629.19143.8719.17147.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:45.7%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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