Travel4Business ApS — Credit Rating and Financial Key Figures

CVR number: 40518770
Skinderskovvej 10, 2730 Herlev
kasper@travel4business.dk
tel: 29262724
www.travel4business.dk
Free credit report Annual report

Credit rating

Company information

Official name
Travel4Business ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Travel4Business ApS

Travel4Business ApS (CVR number: 40518770) is a company from HERLEV. The company recorded a gross profit of 1297.9 kDKK in 2024. The operating profit was 527.3 kDKK, while net earnings were 424.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 20.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Travel4Business ApS's liquidity measured by quick ratio was 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales6 485.54
Gross profit567.63666.651 169.971 367.091 297.93
EBIT128.85129.38582.28619.88527.34
Net earnings91.9681.98485.40463.43424.14
Shareholders equity total580.99662.971 148.361 511.802 645.09
Balance sheet total (assets)1 634.532 746.293 212.475 016.497 466.89
Net debt- 848.88-1 975.19-1 878.92-2 293.85-2 680.60
Profitability
EBIT-%2.0 %
ROA6.9 %5.9 %21.4 %15.4 %9.3 %
ROE13.6 %13.2 %53.6 %34.8 %20.4 %
ROI15.6 %14.1 %54.3 %43.7 %27.1 %
Economic value added (EVA)58.7767.43420.67408.67318.52
Solvency
Equity ratio46.4 %42.6 %54.0 %46.0 %67.7 %
Gearing0.1 %1.1 %0.6 %0.3 %0.5 %
Relative net indebtedness %1.6 %
Liquidity
Quick ratio4.34.54.32.86.0
Current ratio2.11.51.81.41.5
Cash and cash equivalents849.241 982.361 885.832 297.902 693.70
Capital use efficiency
Trade debtors turnover (days)10.3
Net working capital %14.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.27%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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