Nordic Travel Style ApS — Credit Rating and Financial Key Figures

CVR number: 42537683
Østerbrogade 226, 2100 København Ø

Credit rating

Company information

Official name
Nordic Travel Style ApS
Personnel
2 persons
Established
2021
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About Nordic Travel Style ApS

Nordic Travel Style ApS (CVR number: 42537683) is a company from KØBENHAVN. The company reported a net sales of 5.2 mDKK in 2023, demonstrating a growth of 87.9 % compared to the previous year. The operating profit percentage was at 8.1 % (EBIT: 0.4 mDKK), while net earnings were 327.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.1 %, which can be considered excellent and Return on Equity (ROE) was 37.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. Nordic Travel Style ApS's liquidity measured by quick ratio was 12.2 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
2022
2023
Volume
Net sales2 785.625 234.07
Gross profit990.02933.45
EBIT868.13421.48
Net earnings676.09327.60
Shareholders equity total716.091 043.69
Balance sheet total (assets)1 026.701 447.87
Net debt- 711.28-1 076.98
Profitability
EBIT-%31.2 %8.1 %
ROA84.6 %34.1 %
ROE94.4 %37.2 %
ROI119.3 %47.3 %
Economic value added (EVA)676.09327.93
Solvency
Equity ratio69.7 %72.1 %
Gearing1.6 %1.1 %
Relative net indebtedness %-14.8 %-13.1 %
Liquidity
Quick ratio8.712.2
Current ratio8.712.2
Cash and cash equivalents722.621 088.32
Capital use efficiency
Trade debtors turnover (days)21.2
Net working capital %32.6 %25.4 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:34.1%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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