SMYRIL LINE TRAVEL A/S — Credit Rating and Financial Key Figures

SMYRIL LINE TRAVEL A/S (CVR number: 21498106) is a company from HJØRRING. The company recorded a gross profit of 6094.1 kDKK in 2023. The operating profit was 2595.7 kDKK, while net earnings were 2009.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 20.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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. SMYRIL LINE TRAVEL A/S's liquidity measured by quick ratio was 7 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.