Nicos Bar ApS — Credit Rating and Financial Key Figures

Nicos Bar ApS (CVR number: 41335483) is a company from ODENSE. The company recorded a gross profit of 238.3 kDKK in 2022. The operating profit was -192.5 kDKK, while net earnings were -163.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -53.5 %, which can be considered poor and Return on Equity (ROE) was -108.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nicos Bar ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.