CHINA EXPERIENCE ApS — Credit Rating and Financial Key Figures

CVR number: 31364191
Helgavej 26, 5230 Odense M
peter@china-experience.com
tel: 65352526
www.china-experience.com

Credit rating

Company information

Official name
CHINA EXPERIENCE ApS
Personnel
2 persons
Established
2008
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About CHINA EXPERIENCE ApS

CHINA EXPERIENCE ApS (CVR number: 31364191) is a company from ODENSE. The company recorded a gross profit of 799.5 kDKK in 2023. The operating profit was 434.6 kDKK, while net earnings were 220.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.3 %, which can be considered excellent and Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CHINA EXPERIENCE ApS's liquidity measured by quick ratio was 3.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 308.681 878.23666.466.20799.55
EBIT2 442.681 069.5697.36- 609.11434.61
Net earnings1 935.83800.7388.62- 717.01220.29
Shareholders equity total3 155.433 956.164 044.78857.761 078.05
Balance sheet total (assets)7 589.595 276.104 710.942 251.852 438.52
Net debt-5 940.97-3 890.96-1 441.17-1 108.39-1 563.14
Profitability
EBIT-%
ROA37.0 %16.8 %4.6 %-12.1 %24.3 %
ROE79.9 %22.5 %2.2 %-29.3 %22.8 %
ROI100.4 %30.1 %5.7 %-15.1 %36.7 %
Economic value added (EVA)2 004.08977.9563.73- 703.48370.93
Solvency
Equity ratio67.0 %86.3 %95.5 %51.4 %62.0 %
Gearing1.5 %0.7 %0.6 %73.0 %50.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.57.722.52.73.7
Current ratio1.63.76.51.61.8
Cash and cash equivalents5 989.593 920.151 467.431 734.202 105.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:24.3%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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