CITY BOWLING A/S — Credit Rating and Financial Key Figures

CITY BOWLING A/S (CVR number: 15203706) is a company from ODENSE. The company recorded a gross profit of 6384.4 kDKK in 2023. The operating profit was 1141.3 kDKK, while net earnings were 708.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent but Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 14.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CITY BOWLING A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.