TRAVELMEDIA NORDIC ApS — Credit Rating and Financial Key Figures

TRAVELMEDIA NORDIC ApS (CVR number: 34202087) is a company from MARIAGERFJORD. The company recorded a gross profit of 2178.4 kDKK in 2023. The operating profit was 211.2 kDKK, while net earnings were 174.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 42 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.9 %, 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. TRAVELMEDIA NORDIC ApS's liquidity measured by quick ratio was 2.8 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.