Ocean Bar Aps — Credit Rating and Financial Key Figures

CVR number: 41215976
Nordre Toldbod 18, 1259 København K
nordow@hotmail.com
tel: 50145636

Company information

Official name
Ocean Bar Aps
Personnel
8 persons
Established
2020
Company form
Private limited company
Industry

About Ocean Bar Aps

Ocean Bar Aps (CVR number: 41215976) is a company from KØBENHAVN. The company recorded a gross profit of 1665.7 kDKK in 2023. The operating profit was 19.4 kDKK, while net earnings were 3.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 6.9 %, 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. Ocean Bar Aps's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales1.72
Gross profit-73.2557.241 564.151 665.71
EBIT-73.25-8.97440.5919.40
Net earnings-74.29-6.92339.813.43
Shareholders equity total-34.29-41.21198.6043.43
Balance sheet total (assets)12.90275.38622.80632.96
Net debt43.70140.29- 480.08- 451.30
Profitability
EBIT-%-4246.1 %
ROA-155.2 %-4.9 %93.8 %3.1 %
ROE-575.9 %-4.8 %143.4 %2.8 %
ROI-155.2 %-5.5 %175.8 %10.5 %
Economic value added (EVA)-73.25-4.31349.3722.89
Solvency
Equity ratio-72.7 %-13.0 %31.9 %6.9 %
Gearing-137.6 %-605.8 %206.3 %
Relative net indebtedness %2533.4 %
Liquidity
Quick ratio0.30.51.30.9
Current ratio0.30.51.30.9
Cash and cash equivalents3.48109.34480.08540.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1987.6 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:3.13%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.86%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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