Sport2Travel ApS — Credit Rating and Financial Key Figures

Sport2Travel ApS (CVR number: 42531235) is a company from RUDERSDAL. The company recorded a gross profit of 283.1 kDKK in 2023. The operating profit was 203.1 kDKK, while net earnings were 157.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 134 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Sport2Travel ApS's liquidity measured by quick ratio was 2.9 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.