HIGHLANDERS BAR ApS

CVR number: 36470372
Dæmningen 43, 7100 Vejle
tel: 23655675

Credit rating

Company information

Official name
HIGHLANDERS BAR ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About HIGHLANDERS BAR ApS

HIGHLANDERS BAR ApS (CVR number: 36470372) is a company from VEJLE. The company recorded a gross profit of 242.4 kDKK in 2022. The operating profit was -236.3 kDKK, while net earnings were -656.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.7 %, which can be considered poor and Return on Equity (ROE) was -176.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -87.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HIGHLANDERS BAR ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit649.391 032.681 455.80520.13242.44
EBIT19.89-71.0322.10- 250.61- 236.29
Net earnings-26.77-86.78-16.90- 286.96- 656.58
Shareholders equity total- 762.42- 849.20- 866.10-1 153.06-1 810.16
Balance sheet total (assets)794.70837.76867.17480.77262.89
Net debt1 328.94395.56408.871 048.271 594.48
Profitability
EBIT-%
ROA1.2 %-4.4 %1.3 %-14.9 %-12.7 %
ROE-3.0 %-10.6 %-2.0 %-42.6 %-176.6 %
ROI1.9 %-7.7 %4.7 %-33.2 %-17.6 %
Economic value added (EVA)57.90-16.5364.96- 160.52- 109.03
Solvency
Equity ratio-49.0 %-50.3 %-50.0 %-70.6 %-87.3 %
Gearing-176.2 %-58.3 %-51.3 %-92.3 %-89.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.30.20.1
Current ratio0.30.30.40.20.1
Cash and cash equivalents14.0899.3735.8215.8025.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCCB

Variable visualization

ROA:-12.7%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-87.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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