Tanzania Tours ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tanzania Tours ApS
Tanzania Tours ApS (CVR number: 37286516) is a company from SKANDERBORG. The company reported a net sales of 62.1 mDKK in 2024, demonstrating a growth of 59.7 % compared to the previous year. The operating profit percentage was at 8.6 % (EBIT: 5.3 mDKK), while net earnings were 4804 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 59.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.8 %, 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. Tanzania Tours ApS's liquidity measured by quick ratio was 1.3 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 38 860.97 | 62 054.30 | |||
Gross profit | 1 501.16 | 1 987.24 | 7 574.93 | 6 198.35 | 10 666.78 |
EBIT | - 504.47 | 449.34 | 5 483.67 | 1 461.98 | 5 315.22 |
Net earnings | 386.09 | - 297.35 | 2 831.81 | 1 944.42 | 4 804.03 |
Shareholders equity total | 2 137.93 | 1 727.59 | 4 559.40 | 6 203.82 | 10 007.85 |
Balance sheet total (assets) | 5 258.69 | 15 709.04 | 19 028.66 | 29 337.52 | 43 813.54 |
Net debt | -3 392.06 | -7 111.44 | -9 617.58 | -15 497.44 | -20 714.52 |
Profitability | |||||
EBIT-% | 3.8 % | 8.6 % | |||
ROA | 9.0 % | 8.4 % | 42.7 % | 25.4 % | 18.0 % |
ROE | 19.3 % | -15.4 % | 90.1 % | 36.1 % | 59.3 % |
ROI | 39.4 % | 43.7 % | 232.6 % | 107.0 % | 71.5 % |
Economic value added (EVA) | - 486.33 | 244.60 | 4 175.72 | 907.84 | 3 787.28 |
Solvency | |||||
Equity ratio | 40.7 % | 11.0 % | 24.0 % | 21.1 % | 22.8 % |
Gearing | 0.2 % | 0.2 % | 0.1 % | 11.7 % | 14.4 % |
Relative net indebtedness % | 17.8 % | 18.8 % | |||
Liquidity | |||||
Quick ratio | 1.7 | 1.1 | 1.3 | 1.3 | 1.3 |
Current ratio | 1.7 | 1.1 | 1.3 | 1.3 | 1.3 |
Cash and cash equivalents | 3 395.60 | 7 114.61 | 9 620.76 | 16 225.93 | 22 153.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.7 | 19.5 | |||
Net working capital % | -20.8 % | -17.9 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | A |
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