Travel 2014 ApS — Credit Rating and Financial Key Figures

Travel 2014 ApS (CVR number: 31862604) is a company from AARHUS. The company recorded a gross profit of 917.8 kDKK in 2016. The operating profit was 134 kDKK, while net earnings were 65.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 102.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -89.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Travel 2014 ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.