Bravo Tours 1998 A/S — Credit Rating and Financial Key Figures

Bravo Tours 1998 A/S (CVR number: 41792019) is a company from HERNING. The company reported a net sales of 996.4 mDKK in 2023, demonstrating a growth of 21.6 % compared to the previous year. The operating profit percentage was at 0.8 % (EBIT: 8.1 mDKK), while net earnings were 32.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 37.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.1 %, 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. Bravo Tours 1998 A/S's liquidity measured by quick ratio was 1.2 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.