ALBATROS TRAVEL IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALBATROS TRAVEL IT ApS
ALBATROS TRAVEL IT ApS (CVR number: 35531483) is a company from KØBENHAVN. The company recorded a gross profit of -8.1 kDKK in 2023. The operating profit was -8.1 kDKK, while net earnings were -7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.3 %, which can be considered poor and Return on Equity (ROE) was -99.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.5 %, 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. ALBATROS TRAVEL IT ApS's liquidity measured by quick ratio was 1.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.38 | -7.83 | -8.13 | -8.13 | -8.15 |
EBIT | -9.38 | -7.83 | -8.13 | -8.13 | -8.15 |
Net earnings | -8.23 | -6.88 | -7.21 | -7.17 | -7.03 |
Shareholders equity total | 31.84 | 24.96 | 17.75 | 10.58 | 3.55 |
Balance sheet total (assets) | 41.22 | 34.33 | 27.12 | 20.13 | 12.93 |
Net debt | -27.40 | -18.57 | -9.33 | -17.93 | -9.10 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.7 % | -20.7 % | -26.4 % | -34.4 % | -49.3 % |
ROE | -22.9 % | -24.2 % | -33.8 % | -50.6 % | -99.4 % |
ROI | -23.1 % | -27.6 % | -38.0 % | -57.0 % | -113.9 % |
Economic value added (EVA) | -6.95 | -6.33 | -6.66 | -6.76 | -5.98 |
Solvency | |||||
Equity ratio | 77.3 % | 72.7 % | 65.4 % | 52.5 % | 27.5 % |
Gearing | 1.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.4 | 3.7 | 2.9 | 2.1 | 1.4 |
Current ratio | 4.4 | 3.7 | 2.9 | 2.1 | 1.4 |
Cash and cash equivalents | 27.40 | 18.57 | 9.33 | 18.11 | 9.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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