Restaurant Hvidbjerg Strand ApS — Credit Rating and Financial Key Figures

Restaurant Hvidbjerg Strand ApS (CVR number: 38343777) is a company from VARDE. The company recorded a gross profit of 2874.1 kDKK in 2017. The operating profit was 249.5 kDKK, while net earnings were 194.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.1 %, which can be considered excellent and Return on Equity (ROE) was 80.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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. Restaurant Hvidbjerg Strand ApS's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.