King Restaurant Esbjerg ApS — Credit Rating and Financial Key Figures

CVR number: 29217475
Skolegade 20, 6700 Esbjerg
tel: 40836748

Company information

Official name
King Restaurant Esbjerg ApS
Personnel
10 persons
Established
2005
Company form
Private limited company
Industry

About King Restaurant Esbjerg ApS

King Restaurant Esbjerg ApS (CVR number: 29217475) is a company from ESBJERG. The company recorded a gross profit of 1915.4 kDKK in 2023. The operating profit was 546.8 kDKK, while net earnings were 517.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.6 %, which can be considered excellent and Return on Equity (ROE) was 85.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. King Restaurant Esbjerg ApS's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit1 406.58890.101 230.771 152.931 915.43
EBIT159.89- 167.695.61- 188.36546.81
Net earnings155.66- 172.100.44- 272.81517.31
Shareholders equity total789.41617.31617.75344.94862.25
Balance sheet total (assets)1 650.141 391.231 475.201 199.001 709.61
Net debt- 572.44- 420.59- 447.19- 445.18-1 285.74
Profitability
EBIT-%
ROA12.7 %-10.3 %1.1 %-13.3 %39.6 %
ROE21.9 %-24.5 %0.1 %-56.7 %85.7 %
ROI18.7 %-17.7 %2.0 %-25.7 %79.5 %
Economic value added (EVA)118.96- 216.63-34.88- 229.76482.07
Solvency
Equity ratio47.8 %44.4 %41.9 %28.8 %50.4 %
Gearing23.4 %30.5 %33.4 %61.0 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.21.01.7
Current ratio1.21.11.21.01.7
Cash and cash equivalents757.03608.91653.30655.451 295.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:39.6%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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