RESTAURANT NORDATLANTEN ApS — Credit Rating and Financial Key Figures

CVR number: 35521674
Nordatlantisk Promenade 1, 5000 Odense C
stefan@restaurantnordatlanten.dk
tel: 40715105

Company information

Official name
RESTAURANT NORDATLANTEN ApS
Personnel
35 persons
Established
2013
Company form
Private limited company
Industry

About RESTAURANT NORDATLANTEN ApS

RESTAURANT NORDATLANTEN ApS (CVR number: 35521674) is a company from ODENSE. The company recorded a gross profit of 5188.4 kDKK in 2023. The operating profit was -422.3 kDKK, while net earnings were -527.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.8 %, which can be considered poor and Return on Equity (ROE) was -27.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RESTAURANT NORDATLANTEN ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit4 397.185 331.045 896.575 521.025 188.37
EBIT137.021 223.611 078.62- 437.53- 422.26
Net earnings66.221 174.78978.42- 679.54- 527.16
Shareholders equity total-2 908.90-1 734.12- 755.70-1 435.24-1 962.40
Balance sheet total (assets)1 475.781 482.762 015.531 577.822 202.57
Net debt1 536.55218.93- 241.46-74.0111.83
Profitability
EBIT-%
ROA3.3 %33.8 %37.0 %-14.8 %-11.8 %
ROE4.3 %79.4 %55.9 %-37.8 %-27.9 %
ROI9.4 %128.7 %399.8 %-657.5 %-203.2 %
Economic value added (EVA)209.211 292.571 097.23- 387.37- 346.30
Solvency
Equity ratio-66.3 %-53.9 %-27.3 %-47.6 %-47.1 %
Gearing-54.0 %-24.5 %-4.2 %-0.1 %-21.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.60.30.5
Current ratio0.50.50.70.50.6
Cash and cash equivalents34.62205.74273.0175.14402.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-11.8%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-47.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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