Nordic Travel Style ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 2 785.62 | 5 234.07 |
Gross profit | 990.02 | 933.45 |
EBIT | 868.13 | 421.48 |
Net earnings | 676.09 | 327.60 |
Shareholders equity total | 716.09 | 1 043.69 |
Balance sheet total (assets) | 1 026.70 | 1 447.87 |
Net debt | - 711.28 | -1 076.98 |
Profitability | ||
EBIT-% | 31.2 % | 8.1 % |
ROA | 84.6 % | 34.1 % |
ROE | 94.4 % | 37.2 % |
ROI | 119.3 % | 47.3 % |
Economic value added (EVA) | 676.09 | 327.93 |
Solvency | ||
Equity ratio | 69.7 % | 72.1 % |
Gearing | 1.6 % | 1.1 % |
Relative net indebtedness % | -14.8 % | -13.1 % |
Liquidity | ||
Quick ratio | 8.7 | 12.2 |
Current ratio | 8.7 | 12.2 |
Cash and cash equivalents | 722.62 | 1 088.32 |
Capital use efficiency | ||
Trade debtors turnover (days) | 21.2 | |
Net working capital % | 32.6 % | 25.4 % |
Credit risk | ||
Credit rating | BB | BBB |
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