Noor Travel ApS — Credit Rating and Financial Key Figures

Noor Travel ApS (CVR number: 40742735) is a company from KØBENHAVN. The company recorded a gross profit of 9.8 kDKK in 2020. The operating profit was 9.8 kDKK, while net earnings were 9.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 35.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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. Noor Travel ApS's liquidity measured by quick ratio was 1.4 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.