Tabte Horisonter ApS — Credit Rating and Financial Key Figures

CVR number: 29309515
Frederiksborggade 15, 1360 København K
info@akademiskrejsebureau.dk
tel: 33323265
https://www.akademiskrejsebureau.dk/

Credit rating

Company information

Official name
Tabte Horisonter ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About Tabte Horisonter ApS

Tabte Horisonter ApS (CVR number: 29309515) is a company from KØBENHAVN. The company reported a net sales of 21.1 mDKK in 2019, demonstrating a growth of 13.5 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 0.9 mDKK), while net earnings were 580.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.3 %, which can be considered excellent and Return on Equity (ROE) was 34.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tabte Horisonter ApS's liquidity measured by quick ratio was 10.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016201720182019
Volume
Net sales16 475.1019 784.0618 608.1421 119.41
Gross profit3 016.302 624.332 610.383 106.17
EBIT900.38334.47563.73851.90
Net earnings748.84178.00281.71580.57
Shareholders equity total1 258.571 436.571 540.281 854.54
Balance sheet total (assets)3 145.083 402.804 773.954 893.92
Net debt-2 914.03-2 089.79-3 117.26-2 896.99
Profitability
EBIT-%5.5 %1.7 %3.0 %4.0 %
ROA32.0 %11.4 %19.2 %31.3 %
ROE59.5 %13.2 %18.9 %34.2 %
ROI74.1 %26.2 %26.5 %55.9 %
Economic value added (EVA)694.51346.53476.49741.73
Solvency
Equity ratio83.5 %82.3 %85.3 %82.0 %
Gearing7.9 %0.8 %1.0 %
Relative net indebtedness %-6.8 %-0.6 %0.6 %0.6 %
Liquidity
Quick ratio11.78.816.210.6
Current ratio1.81.41.31.4
Cash and cash equivalents3 014.032 089.793 129.032 914.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %6.5 %3.0 %1.6 %1.4 %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:31.3%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.0%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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