THAI ASIAN MARKED & TRAVEL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 818.91 | 2 358.57 | 1 861.37 | 1 387.83 | 1 063.03 |
Gross profit | 587.47 | 326.20 | 563.91 | 358.47 | 483.01 |
EBIT | 282.87 | - 223.79 | 164.00 | 52.03 | 106.86 |
Net earnings | 280.59 | - 228.79 | 161.08 | 48.81 | 99.83 |
Shareholders equity total | - 234.25 | - 463.04 | - 301.95 | - 253.15 | - 153.32 |
Balance sheet total (assets) | 764.71 | 525.22 | 564.93 | 599.96 | 209.87 |
Net debt | 5.88 | - 300.30 | - 162.63 | - 231.57 | -66.00 |
Profitability | |||||
EBIT-% | 15.6 % | -9.5 % | 8.8 % | 3.7 % | 10.1 % |
ROA | 28.3 % | -22.5 % | 17.7 % | 6.1 % | 17.6 % |
ROE | 44.8 % | -35.5 % | 29.6 % | 8.4 % | 24.7 % |
ROI | 71.2 % | -129.5 % | 462.8 % | 146.8 % | |
Economic value added (EVA) | 312.89 | - 194.95 | 202.36 | 78.94 | 131.22 |
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 ratio | 0.3 | 0.3 | 0.4 | 0.3 | 0.6 |
Current ratio | 0.8 | 0.5 | 0.7 | 0.7 | 0.6 |
Cash and cash equivalents | 339.79 | 300.30 | 233.50 | 231.57 | 66.00 |
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 rating | BB | B | BB | BB | BB |
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