ALBATROS TRAVEL A/S — Credit Rating and Financial Key Figures

ALBATROS TRAVEL A/S (CVR number: 20342781) is a company from KØBENHAVN. The company reported a net sales of 733.4 mDKK in 2023, demonstrating a growth of 46.6 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 34.8 mDKK), while net earnings were 39.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 81.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.1 %, 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. ALBATROS TRAVEL A/S's liquidity measured by quick ratio was 4.5 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.