Hotel Ritz, Århus ApS — Credit Rating and Financial Key Figures

Hotel Ritz, Århus ApS (CVR number: 19946983) is a company from AARHUS. The company recorded a gross profit of 10.7 mDKK in 2023. The operating profit was 5547 kDKK, while net earnings were 3755.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. Hotel Ritz, Århus ApS's liquidity measured by quick ratio was 0.9 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.