Mongolian Barbecue Ribe ApS — Credit Rating and Financial Key Figures

CVR number: 40378731
Sct Peders Gade 2, 6760 Ribe

Credit rating

Company information

Official name
Mongolian Barbecue Ribe ApS
Personnel
6 persons
Established
2019
Company form
Private limited company
Industry

About Mongolian Barbecue Ribe ApS

Mongolian Barbecue Ribe ApS (CVR number: 40378731) is a company from ESBJERG. The company recorded a gross profit of 1505.4 kDKK in 2023. The operating profit was 305.7 kDKK, while net earnings were 219.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.4 %, which can be considered excellent and Return on Equity (ROE) was 55.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Mongolian Barbecue Ribe ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 004.651 255.651 546.071 454.051 505.38
EBIT103.70- 341.00- 176.17266.53305.67
Net earnings80.04- 266.75- 141.51198.68219.17
Shareholders equity total130.04- 136.72- 278.22-79.54139.63
Balance sheet total (assets)489.10482.59624.37648.39749.42
Net debt- 126.04- 132.73- 196.29- 341.38- 513.34
Profitability
EBIT-%
ROA21.2 %-61.5 %-23.2 %32.7 %41.4 %
ROE61.5 %-87.1 %-25.6 %31.2 %55.6 %
ROI44.4 %-292.3 %380.4 %
Economic value added (EVA)80.31- 261.15- 123.89229.83255.98
Solvency
Equity ratio26.6 %-22.1 %-30.8 %-10.9 %18.6 %
Gearing77.0 %15.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.50.71.1
Current ratio0.80.50.50.71.1
Cash and cash equivalents226.12132.73196.29341.38534.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:41.4%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.6%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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