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

HGD Travel A/S (CVR number: 73785618) is a company from BRØNDBY. The company recorded a gross profit of -1113.3 kDKK in 2017. The operating profit was -1453 kDKK, while net earnings were -1394.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. HGD Travel A/S's liquidity measured by quick ratio was 3.9 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.