VISITSWEDEN ApS — Credit Rating and Financial Key Figures

CVR number: 16929344
Kompagnistræde 34, 1208 København K
dk@visitsweden.com
tel: 33301370

Credit rating

Company information

Official name
VISITSWEDEN ApS
Personnel
3 persons
Established
1993
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About VISITSWEDEN ApS

VISITSWEDEN ApS (CVR number: 16929344) is a company from KØBENHAVN. The company reported a net sales of 4.6 mDKK in 2020, demonstrating a decline of -73.1 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 0.1 mDKK), while net earnings were 64.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VISITSWEDEN ApS's liquidity measured by quick ratio was 10.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017201820192020
Volume
Net sales32 957.9023 020.2621 626.1717 169.894 611.82
Gross profit6 357.566 325.706 534.805 848.083 555.68
EBIT281.20270.57294.15204.2387.15
Net earnings116.01121.69122.8699.0464.25
Shareholders equity total959.561 081.241 204.11533.14597.98
Balance sheet total (assets)11 294.853 893.993 783.631 972.11662.58
Net debt-2 645.95- 953.14- 297.22-1 287.01- 397.01
Profitability
EBIT-%0.9 %1.2 %1.4 %1.2 %1.9 %
ROA2.7 %3.7 %7.8 %8.2 %6.7 %
ROE12.1 %11.9 %10.8 %11.4 %11.4 %
ROI32.2 %27.8 %26.2 %25.0 %13.8 %
Economic value added (EVA)210.08291.51216.07110.24113.51
Solvency
Equity ratio8.5 %27.8 %31.8 %27.0 %90.2 %
Gearing29.0 %
Relative net indebtedness %23.3 %8.1 %10.6 %-0.0 %-7.2 %
Liquidity
Quick ratio1.11.31.41.310.3
Current ratio1.11.31.41.310.3
Cash and cash equivalents2 645.95953.14297.221 441.66397.01
Capital use efficiency
Trade debtors turnover (days)61.517.816.02.6
Net working capital %2.4 %3.9 %4.8 %2.1 %13.0 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:6.73%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.2%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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