ASIA RESTAURANT MIDDELFART ApS — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
ASIA RESTAURANT MIDDELFART ApS
Personnel
17 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 4258 kDKK in 2024. The operating profit was 645.4 kDKK, while net earnings were 564.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 34.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22 %, 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 470.373 170.734 264.014 855.114 258.01
EBIT367.9552.20758.721 177.12645.40
Net earnings389.6672.23620.24948.71564.82
Shareholders equity total2 714.942 787.171 207.411 656.121 620.94
Balance sheet total (assets)5 331.915 615.736 462.607 878.647 356.00
Net debt1 216.091 313.90- 460.77- 968.10- 552.31
Profitability
EBIT-%
ROA10.0 %2.6 %14.2 %19.1 %11.7 %
ROE11.9 %2.6 %31.1 %66.3 %34.5 %
ROI12.5 %3.1 %28.8 %80.7 %38.0 %
Economic value added (EVA)94.43- 170.48361.63857.04393.09
Solvency
Equity ratio50.9 %49.6 %18.7 %21.0 %22.0 %
Gearing54.6 %62.1 %32.1 %53.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.01.21.31.3
Current ratio2.12.11.21.31.3
Cash and cash equivalents265.93416.23460.771 499.001 413.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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