HOTEL RESTAURANT KANTINE SERVICES IVS — Credit Rating and Financial Key Figures

HOTEL RESTAURANT KANTINE SERVICES IVS (CVR number: 36505729) is a company from ALBERTSLUND. The company recorded a gross profit of 988.9 kDKK in 2020. The operating profit was 14.3 kDKK, while net earnings were -221.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -110.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HOTEL RESTAURANT KANTINE SERVICES IVS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.