Travel Operations A/S — Credit Rating and Financial Key Figures

Travel Operations A/S (CVR number: 38707701) is a company from KØBENHAVN. The company recorded a gross profit of 27.6 mDKK in 2023. The operating profit was 3752.9 kDKK, while net earnings were 3216.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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. Travel Operations A/S's liquidity measured by quick ratio was 2.6 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.