ALBATROS TRAVEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALBATROS TRAVEL A/S
ALBATROS TRAVEL A/S (CVR number: 20342781) is a company from KØBENHAVN. The company reported a net sales of 764.6 mDKK in 2024, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 36.5 mDKK), while net earnings were 41.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 48.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ALBATROS TRAVEL A/S's liquidity measured by quick ratio was 4.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 24.77 | 148.38 | 500.23 | 733.38 | 764.56 |
Gross profit | 24.77 | 148.38 | 500.23 | 148.31 | 157.93 |
EBIT | -10.59 | -10.59 | 22.50 | 34.84 | 36.52 |
Net earnings | -39.88 | -6.24 | 1.36 | 39.40 | 41.10 |
Shareholders equity total | 39.41 | 34.97 | 35.06 | 61.53 | 109.17 |
Balance sheet total (assets) | 280.67 | 318.20 | 374.49 | 400.80 | 424.56 |
Net debt | -86.75 | - 119.29 | |||
Profitability | |||||
EBIT-% | -42.8 % | -7.1 % | 4.5 % | 4.8 % | 4.8 % |
ROA | -3.3 % | -3.5 % | 6.5 % | 14.7 % | 14.8 % |
ROE | -64.4 % | -16.8 % | 3.9 % | 81.6 % | 48.2 % |
ROI | -3.3 % | -3.5 % | 6.5 % | 21.4 % | 36.2 % |
Economic value added (EVA) | -14.83 | -12.57 | 20.74 | 25.47 | 20.46 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 28.1 % | 46.4 % |
Gearing | 141.0 % | 53.7 % | |||
Relative net indebtedness % | 20.9 % | 16.7 % | |||
Liquidity | |||||
Quick ratio | 4.5 | 4.9 | |||
Current ratio | 1.4 | 1.5 | |||
Cash and cash equivalents | 173.50 | 177.94 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 16.4 % | 17.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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