Restaurant FORMAT ApS — Credit Rating and Financial Key Figures

Restaurant FORMAT ApS (CVR number: 38340255) is a company from KØBENHAVN. The company recorded a gross profit of 5541 kDKK in 2017. The operating profit was -4087.5 kDKK, while net earnings were -3436.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.5 %, which can be considered poor and Return on Equity (ROE) was -63.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -38 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Restaurant FORMAT ApS's liquidity measured by quick ratio was 2 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.