LA Travel Denmark A/S — Credit Rating and Financial Key Figures

LA Travel Denmark A/S (CVR number: 39574187) is a company from HERNING. The company recorded a gross profit of 3037.9 kDKK in 2023. The operating profit was -23.2 kDKK, while net earnings were 354.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.8 %, 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. LA Travel Denmark A/S's liquidity measured by quick ratio was 1.5 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.