Slowfolk Travel ApS — Credit Rating and Financial Key Figures

Slowfolk Travel ApS (CVR number: 37769029) is a company from SYDDJURS. The company recorded a gross profit of 89.5 kDKK in 2021. The operating profit was 56.3 kDKK, while net earnings were 55.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 215.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -80.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Slowfolk Travel ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.