BALKAN HOLIDAYS A/S — Credit Rating and Financial Key Figures

BALKAN HOLIDAYS A/S (CVR number: 10045576) is a company from KØBENHAVN. The company recorded a gross profit of 516.6 kDKK in 2023. The operating profit was -16 kDKK, while net earnings were -50.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BALKAN HOLIDAYS A/S's liquidity measured by quick ratio was 1.8 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.