Rejseselskabet af 20.06.2005 ApS — Credit Rating and Financial Key Figures

Rejseselskabet af 20.06.2005 ApS (CVR number: 28891326) is a company from SILKEBORG. The company recorded a gross profit of 2131.3 kDKK in 2019. The operating profit was 304.6 kDKK, while net earnings were 214.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 38.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Rejseselskabet af 20.06.2005 ApS'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.