Travel Collective ApS — Credit Rating and Financial Key Figures

Travel Collective ApS (CVR number: 39589451) is a company from AARHUS. The company recorded a gross profit of 2530.6 kDKK in 2023. The operating profit was 1731.7 kDKK, while net earnings were 1319.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 76.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Travel Collective ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.