Safe Journey P/S — Credit Rating and Financial Key Figures

CVR number: 40102604
Flæsketorvet 68, 1711 København V
www.safejourney.dk

Credit rating

Company information

Official name
Safe Journey P/S
Personnel
1 person
Established
2018
Industry

About Safe Journey P/S

Safe Journey P/S (CVR number: 40102604) is a company from KØBENHAVN. The company recorded a gross profit of 1837.1 kDKK in 2024. The operating profit was -345.3 kDKK, while net earnings were -268.8 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 -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Safe Journey P/S's liquidity measured by quick ratio was 6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit834.211 695.971 723.433 288.791 837.09
EBIT133.5660.85210.141 717.69- 345.30
Net earnings113.4784.03135.371 600.41- 268.80
Shareholders equity total652.66736.69872.052 472.462 203.66
Balance sheet total (assets)904.971 345.601 564.193 751.762 583.37
Net debt- 440.44-1 265.27-1 404.17-2 569.63-2 150.97
Profitability
EBIT-%
ROA8.8 %8.8 %14.4 %66.8 %-8.1 %
ROE19.0 %12.1 %16.8 %95.7 %-11.5 %
ROI22.4 %14.2 %25.8 %105.5 %-11.0 %
Economic value added (EVA)106.4628.05173.121 672.85- 469.55
Solvency
Equity ratio72.1 %54.7 %55.8 %65.9 %85.3 %
Gearing0.0 %2.3 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.62.22.32.86.0
Current ratio3.62.22.32.86.0
Cash and cash equivalents440.441 265.391 424.432 569.762 151.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-8.09%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.3%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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