Restaurant Ciao ApS — Credit Rating and Financial Key Figures

Restaurant Ciao ApS (CVR number: 40136010) is a company from FREDENSBORG. The company recorded a gross profit of 1666.2 kDKK in 2023. The operating profit was 207.6 kDKK, while net earnings were 142.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.8 %, which can be considered excellent and Return on Equity (ROE) was 48.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -35.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Restaurant Ciao ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.