KING RESTAURANT VEJEN ApS — Credit Rating and Financial Key Figures

CVR number: 36464712
Banegårdspladsen 6, 6600 Vejen

Company information

Official name
KING RESTAURANT VEJEN ApS
Personnel
12 persons
Established
2014
Company form
Private limited company
Industry

About KING RESTAURANT VEJEN ApS

KING RESTAURANT VEJEN ApS (CVR number: 36464712) is a company from VEJEN. The company recorded a gross profit of 3076.3 kDKK in 2023. The operating profit was 1351.6 kDKK, while net earnings were 907 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 40.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KING RESTAURANT VEJEN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 996.851 759.112 073.662 503.563 076.32
EBIT432.68118.59436.97837.351 351.58
Net earnings210.89-47.47210.06515.28907.01
Shareholders equity total1 155.391 107.921 317.981 833.262 681.37
Balance sheet total (assets)7 296.407 081.927 024.177 498.226 330.96
Net debt4 466.744 574.364 460.982 985.811 847.59
Profitability
EBIT-%
ROA10.3 %2.1 %6.7 %12.0 %19.7 %
ROE20.1 %-4.2 %17.3 %32.7 %40.2 %
ROI11.4 %2.3 %7.4 %13.3 %22.7 %
Economic value added (EVA)269.99- 238.9225.08331.46712.03
Solvency
Equity ratio15.8 %15.6 %18.8 %24.4 %42.4 %
Gearing474.1 %475.3 %384.3 %265.2 %97.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.50.60.7
Current ratio0.70.50.50.60.7
Cash and cash equivalents1 011.18691.19604.551 876.64762.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:19.7%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.4%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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