Travel by Heart - Greenland ApS — Credit Rating and Financial Key Figures

Travel by Heart - Greenland ApS (CVR number: 41786558) is a company from SERMERSOOQ. The company recorded a gross profit of 2260.6 kDKK in 2024. The operating profit was 1029.5 kDKK, while net earnings were 781.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.6 %, which can be considered excellent and Return on Equity (ROE) was 84 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.1 %, 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. Travel by Heart - Greenland ApS's liquidity measured by quick ratio was 4.5 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.