Cocktail Bar 1656 ApS — Credit Rating and Financial Key Figures

Cocktail Bar 1656 ApS (CVR number: 35415688) is a company from VEJLE. The company recorded a gross profit of 3046.6 kDKK in 2022. The operating profit was 316.4 kDKK, while net earnings were 114.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.9 %, 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. Cocktail Bar 1656 ApS's liquidity measured by quick ratio was 1.2 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.