THAI ASIAN MARKED & TRAVEL ApS — Credit Rating and Financial Key Figures

CVR number: 36456663
Kongelundsvej 253, 2770 Kastrup
asiantravel@c.dk

Company information

Official name
THAI ASIAN MARKED & TRAVEL ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About THAI ASIAN MARKED & TRAVEL ApS

THAI ASIAN MARKED & TRAVEL ApS (CVR number: 36456663) is a company from TÅRNBY. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a decline of -23.4 % compared to the previous year. The operating profit percentage was at 10.1 % (EBIT: 0.1 mDKK), while net earnings were 99.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent and Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -42.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. THAI ASIAN MARKED & TRAVEL ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 818.912 358.571 861.371 387.831 063.03
Gross profit587.47326.20563.91358.47483.01
EBIT282.87- 223.79164.0052.03106.86
Net earnings280.59- 228.79161.0848.8199.83
Shareholders equity total- 234.25- 463.04- 301.95- 253.15- 153.32
Balance sheet total (assets)764.71525.22564.93599.96209.87
Net debt5.88- 300.30- 162.63- 231.57-66.00
Profitability
EBIT-%15.6 %-9.5 %8.8 %3.7 %10.1 %
ROA28.3 %-22.5 %17.7 %6.1 %17.6 %
ROE44.8 %-35.5 %29.6 %8.4 %24.7 %
ROI71.2 %-129.5 %462.8 %146.8 %
Economic value added (EVA)312.89- 194.95202.3678.94131.22
Solvency
Equity ratio-23.4 %-46.9 %-34.8 %-29.7 %-42.2 %
Gearing-147.6 %-23.5 %
Relative net indebtedness %36.2 %29.2 %34.0 %44.8 %28.0 %
Liquidity
Quick ratio0.30.30.40.30.6
Current ratio0.80.50.70.70.6
Cash and cash equivalents339.79300.30233.50231.5766.00
Capital use efficiency
Trade debtors turnover (days)46.7
Net working capital %-12.9 %-19.6 %-16.2 %-18.8 %-15.2 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:17.6%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-42.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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