DANISH SPORTS TRAVEL A/S — Credit Rating and Financial Key Figures

DANISH SPORTS TRAVEL A/S (CVR number: 13260443) is a company from SKANDERBORG. The company recorded a gross profit of 2368.5 kDKK in 2023. The operating profit was 713.6 kDKK, while net earnings were 542.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 42 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANISH SPORTS TRAVEL A/S's liquidity measured by quick ratio was 1.7 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.