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

Elcano Travel A/S (CVR number: 40732470) is a company from GLOSTRUP. The company recorded a gross profit of 317.9 kDKK in 2024. The operating profit was -1677.1 kDKK, while net earnings were -1656 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.8 %, which can be considered poor and Return on Equity (ROE) was -73.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -92.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Elcano Travel A/S's liquidity measured by quick ratio was 1.6 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.