RESTAURANT VARNA ApS — Credit Rating and Financial Key Figures

CVR number: 32766943
Ørneredevej 3, 8000 Aarhus C
gle@choppy.dk

Credit rating

Company information

Official name
RESTAURANT VARNA ApS
Personnel
40 persons
Established
2010
Company form
Private limited company
Industry

About RESTAURANT VARNA ApS

RESTAURANT VARNA ApS (CVR number: 32766943) is a company from AARHUS. The company recorded a gross profit of 8812.9 kDKK in 2023. The operating profit was 1179.6 kDKK, while net earnings were 938.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent and Return on Equity (ROE) was 91.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.3 %, 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. RESTAURANT VARNA ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 226.856 455.669 201.208 521.418 812.86
EBIT853.431 131.051 341.411 101.921 179.58
Net earnings670.63816.41990.95820.34938.49
Shareholders equity total795.63941.411 132.36952.701 091.19
Balance sheet total (assets)4 123.305 639.765 650.065 342.026 135.94
Net debt812.78- 319.83- 141.78- 463.07- 160.85
Profitability
EBIT-%
ROA18.0 %23.2 %23.8 %20.1 %22.0 %
ROE53.6 %94.0 %95.6 %78.7 %91.8 %
ROI47.8 %64.0 %86.4 %97.8 %112.9 %
Economic value added (EVA)584.75848.741 066.60810.61855.12
Solvency
Equity ratio22.4 %17.3 %25.6 %25.7 %23.3 %
Gearing102.2 %104.6 %4.6 %6.7 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.60.60.7
Current ratio1.01.01.00.90.8
Cash and cash equivalents0.331 304.19194.41526.85183.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:22.0%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.3%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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