Hero Travel & Event ApS — Credit Rating and Financial Key Figures

Hero Travel & Event ApS (CVR number: 39334917) is a company from KØGE. The company recorded a gross profit of -244.2 kDKK in 2020. The operating profit was -555.6 kDKK, while net earnings were -558.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -51.1 %, which can be considered poor and Return on Equity (ROE) was -106.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -63.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hero Travel & Event 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.