Restaurant Vestergade 68 ApS

Restaurant Vestergade 68 ApS (CVR number: 38192167) is a company from ODENSE. The company recorded a gross profit of 1850.2 kDKK in 2018. The operating profit was -991.4 kDKK, while net earnings were -781.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.5 %, which can be considered poor and Return on Equity (ROE) was -28.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.2 %, 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 Vestergade 68 ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.