Restaurant Palægade ApS — Credit Rating and Financial Key Figures

Restaurant Palægade ApS (CVR number: 37357774) is a company from KØBENHAVN. The company recorded a gross profit of 13.1 mDKK in 2018. The operating profit was 2501.2 kDKK, while net earnings were 1922.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.5 %, which can be considered excellent and Return on Equity (ROE) was 84.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.4 %, 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. Restaurant Palægade ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.