Restaurant Kul ApS — Credit Rating and Financial Key Figures

Restaurant Kul ApS (CVR number: 29977100) is a company from KØBENHAVN. The company recorded a gross profit of -30.8 kDKK in 2023. The operating profit was -30.8 kDKK, while net earnings were 190.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor but Return on Equity (ROE) was 67.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.6 %, 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 Kul ApS's liquidity measured by quick ratio was 1.6 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.