Nordic Leisure Travel Group Denmark A/S — Credit Rating and Financial Key Figures

Nordic Leisure Travel Group Denmark A/S (CVR number: 18809036K) is a company from KØBENHAVN. The company reported a net sales of 1799.2 mDKK in 2018. The operating profit percentage was at 4.7 % (EBIT: 85.3 mDKK), while net earnings were 1329.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 85.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Leisure Travel Group Denmark A/S's liquidity measured by quick ratio was 19.4 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.