Why - Food and Cocktails APS — Credit Rating and Financial Key Figures

Why - Food and Cocktails APS (CVR number: 37115762) is a company from ROSKILDE. The company recorded a gross profit of 2126.6 kDKK in 2021. The operating profit was 108.8 kDKK, while net earnings were 80.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -22.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Why - Food and Cocktails APS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.