MANGAARD TRAVEL GROUP A/S — Credit Rating and Financial Key Figures

MANGAARD TRAVEL GROUP A/S (CVR number: 25447034) is a company from AARHUS. The company recorded a gross profit of 6120.6 kDKK in 2024. The operating profit was 156 kDKK, while net earnings were 152.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.1 %, 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. MANGAARD TRAVEL GROUP A/S's liquidity measured by quick ratio was 3.7 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.