Flamingotours ApS — Credit Rating and Financial Key Figures

Flamingotours ApS (CVR number: 38628119) is a company from HERNING. The company recorded a gross profit of 5595.6 kDKK in 2023. The operating profit was 2190.6 kDKK, while net earnings were 1728.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.5 %, 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. Flamingotours ApS's liquidity measured by quick ratio was 20.3 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.