GRACE TOURS ApS — Credit Rating and Financial Key Figures

CVR number: 15602104
Østerbrogade 52, 2100 København Ø
mail@gracetours.com
tel: 33131141

Credit rating

Company information

Official name
GRACE TOURS ApS
Personnel
2 persons
Established
1991
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About GRACE TOURS ApS

GRACE TOURS ApS (CVR number: 15602104) is a company from KØBENHAVN. The company recorded a gross profit of 1737.1 kDKK in 2023. The operating profit was 737.3 kDKK, while net earnings were 655.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 39 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59 %, 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. GRACE TOURS ApS's liquidity measured by quick ratio was 2.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 369.532 204.32184.161 873.781 737.08
EBIT1 007.46884.31- 972.59805.70737.35
Net earnings728.79634.46-1 014.25757.16655.33
Shareholders equity total2 926.612 761.07946.811 703.971 659.30
Balance sheet total (assets)6 084.195 097.772 546.074 679.044 440.41
Net debt-3 983.29-2 757.62- 577.00-3 468.54-1 164.76
Profitability
EBIT-%
ROA16.5 %15.8 %-25.4 %22.6 %17.7 %
ROE23.0 %22.3 %-54.7 %57.1 %39.0 %
ROI29.5 %23.6 %-33.4 %40.9 %34.8 %
Economic value added (EVA)823.07746.40- 911.13821.97755.54
Solvency
Equity ratio48.1 %54.2 %38.9 %53.5 %59.0 %
Gearing6.1 %44.4 %73.2 %37.6 %38.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.91.73.22.1
Current ratio1.81.91.61.60.9
Cash and cash equivalents4 162.973 984.191 270.544 109.631 797.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBB

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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