Garage Burgerbar Aps — Credit Rating and Financial Key Figures

Garage Burgerbar Aps (CVR number: 37421456) is a company from VEJLE. The company recorded a gross profit of 1745.1 kDKK in 2019. The operating profit was 484.6 kDKK, while net earnings were 339.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Garage Burgerbar Aps's liquidity measured by quick ratio was 1.6 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.