Bifrost Rejser ApS — Credit Rating and Financial Key Figures

Bifrost Rejser ApS (CVR number: 37103373) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2020, demonstrating a decline of -99.5 % compared to the previous year. The operating profit percentage was poor at -995.9 % (EBIT: -0.2 mDKK), while net earnings were -171.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -49.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Bifrost Rejser ApS's liquidity measured by quick ratio was 19.1 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.