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Travelmind Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Travelmind Group A/S
Travelmind Group A/S (CVR number: 40583769) is a company from GLOSTRUP. The company recorded a gross profit of -176.6 kDKK in 2025. The operating profit was -176.6 kDKK, while net earnings were -7128.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.9 %, which can be considered poor and Return on Equity (ROE) was -68.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Travelmind Group A/S's liquidity measured by quick ratio was 100.7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -41.62 | -70.50 | - 187.40 | - 176.61 | |
| EBIT | -41.62 | -70.50 | - 187.40 | - 176.61 | |
| Net earnings | -3 335.23 | -1 054.93 | -14 852.64 | -7 128.08 | |
| Shareholders equity total | 37 099.16 | 28 044.23 | -1 621.03 | -8 749.11 | |
| Balance sheet total (assets) | 38 439.48 | 40 594.23 | 8 516.09 | 12 296.35 | |
| Net debt | -1 739.86 | - 258.78 | -53.36 | 15 451.80 | |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -7.9 % | -2.5 % | -146.1 % | -43.9 % | |
| ROE | -8.6 % | -3.2 % | -174.4 % | -68.5 % | |
| ROI | -8.6 % | -2.8 % | -147.6 % | -44.2 % | |
| Economic value added (EVA) | -2 064.86 | -1 941.43 | -1 610.22 | - 156.22 | - 599.49 |
| Solvency | |||||
| Equity ratio | 96.5 % | 69.1 % | -16.0 % | -41.6 % | |
| Gearing | -0.5 % | -176.9 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 0.3 | 45.9 | 100.7 | |
| Current ratio | 1.9 | 0.3 | 45.9 | 100.7 | |
| Cash and cash equivalents | 1 739.86 | 258.78 | 61.13 | 21.08 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BB | B |
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