ASIA RESTAURANT MIDDELFART ApS — Credit Rating and Financial Key Figures

CVR number: 33773153
Østergade 50, 5500 Middelfart
middelfart@asia-restaurant.dk
tel: 64406140

Company information

Official name
ASIA RESTAURANT MIDDELFART ApS
Personnel
21 persons
Established
2011
Company form
Private limited company
Industry

About ASIA RESTAURANT MIDDELFART ApS

ASIA RESTAURANT MIDDELFART ApS (CVR number: 33773153) is a company from MIDDELFART. The company recorded a gross profit of 4855.1 kDKK in 2023. The operating profit was 1177.1 kDKK, while net earnings were 948.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 66.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21 %, 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. ASIA RESTAURANT MIDDELFART ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit5 172.633 470.373 170.734 264.014 855.11
EBIT1 578.56367.9552.20758.721 177.12
Net earnings1 501.17389.6672.23620.24948.71
Shareholders equity total3 825.282 714.942 787.171 207.411 656.12
Balance sheet total (assets)5 052.095 331.915 615.736 462.607 878.64
Net debt- 495.451 216.091 313.90- 460.77- 968.10
Profitability
EBIT-%
ROA31.0 %10.0 %2.6 %14.2 %19.1 %
ROE29.6 %11.9 %2.6 %31.1 %66.3 %
ROI37.7 %12.5 %3.1 %28.8 %80.7 %
Economic value added (EVA)946.84120.03-82.65469.48880.19
Solvency
Equity ratio75.7 %50.9 %49.6 %18.7 %21.0 %
Gearing0.2 %54.6 %62.1 %32.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.92.02.01.21.3
Current ratio3.92.12.11.21.3
Cash and cash equivalents502.46265.93416.23460.771 499.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:19.1%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.0%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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