FIRST ASIA TRAVEL ApS — Credit Rating and Financial Key Figures

FIRST ASIA TRAVEL ApS (CVR number: 29694494) is a company from KØBENHAVN. The company recorded a gross profit of 113.8 kDKK in 2016. The operating profit was 42.7 kDKK, while net earnings were 29.3 kDKK. 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 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. FIRST ASIA TRAVEL ApS's liquidity measured by quick ratio was 1.6 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.