Sweet Spot Travel ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sweet Spot Travel ApS
Sweet Spot Travel ApS (CVR number: 36689889) is a company from HVIDOVRE. The company recorded a gross profit of 370.1 kDKK in 2023. The operating profit was -46.6 kDKK, while net earnings were -44.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.2 %, 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. Sweet Spot Travel ApS's liquidity measured by quick ratio was 5.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 852.06 | 183.01 | 609.91 | 369.84 | 370.07 |
EBIT | 217.02 | - 154.87 | 181.85 | 14.64 | -46.55 |
Net earnings | 149.09 | - 161.97 | 172.61 | 11.68 | -44.48 |
Shareholders equity total | 426.01 | 264.04 | 436.65 | 448.33 | 403.86 |
Balance sheet total (assets) | 1 028.15 | 766.25 | 981.48 | 1 377.27 | 1 198.00 |
Net debt | - 824.12 | - 530.25 | - 810.55 | - 653.88 | - 709.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.6 % | -17.1 % | 20.8 % | 1.9 % | -3.2 % |
ROE | 42.4 % | -46.9 % | 49.3 % | 2.6 % | -10.4 % |
ROI | 26.3 % | -19.9 % | 31.3 % | 4.3 % | -7.4 % |
Economic value added (EVA) | 208.11 | - 134.11 | 195.36 | 29.15 | -30.56 |
Solvency | |||||
Equity ratio | 42.3 % | 35.3 % | 46.5 % | 45.4 % | 46.2 % |
Gearing | 1.0 % | 7.6 % | 25.2 % | 39.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.5 | 12.8 | 12.6 | 5.1 | 5.2 |
Current ratio | 5.8 | 9.8 | 8.1 | 2.1 | 2.2 |
Cash and cash equivalents | 824.12 | 532.79 | 843.59 | 766.66 | 868.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BBB |
Variable visualization
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