RONG YU RESTAURANT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RONG YU RESTAURANT ApS
RONG YU RESTAURANT ApS (CVR number: 35393374) is a company from SKANDERBORG. The company recorded a gross profit of 2717.2 kDKK in 2023. The operating profit was 258.9 kDKK, while net earnings were -19.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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. RONG YU RESTAURANT ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 020.68 | ||||
Gross profit | 4 418.36 | 1 950.48 | 1 881.25 | 2 552.93 | 2 717.18 |
EBIT | 181.94 | - 917.42 | 252.15 | 234.75 | 258.86 |
Net earnings | 135.94 | - 919.95 | 387.57 | 178.95 | -19.28 |
Shareholders equity total | 1 359.97 | 440.02 | 827.58 | 1 006.53 | 987.26 |
Balance sheet total (assets) | 3 627.07 | 3 188.70 | 3 120.21 | 2 776.25 | 2 692.40 |
Net debt | 1 634.63 | 1 646.23 | 942.65 | 976.29 | 881.18 |
Profitability | |||||
EBIT-% | -30.4 % | ||||
ROA | 4.7 % | -26.9 % | 8.0 % | 8.0 % | 9.5 % |
ROE | 10.5 % | -102.2 % | 61.1 % | 19.5 % | -1.9 % |
ROI | 5.2 % | -32.7 % | 11.7 % | 10.7 % | 11.2 % |
Economic value added (EVA) | 103.88 | - 968.25 | 166.37 | 155.13 | 185.40 |
Solvency | |||||
Equity ratio | 37.5 % | 13.8 % | 26.5 % | 36.3 % | 36.7 % |
Gearing | 145.8 % | 416.9 % | 148.2 % | 132.6 % | 130.3 % |
Relative net indebtedness % | 84.8 % | ||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.2 | 0.4 | 0.5 |
Current ratio | 0.2 | 0.1 | 0.2 | 0.4 | 0.5 |
Cash and cash equivalents | 348.47 | 188.17 | 283.76 | 357.93 | 405.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -84.8 % | ||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
Variable visualization
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