TravelCo Nordic A/S — Credit Rating and Financial Key Figures

TravelCo Nordic A/S (CVR number: 21148180K) is a company from HERNING. The company reported a net sales of 1493.2 mDKK in 2019, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was poor at -8.8 % (EBIT: -130.9 mDKK), while net earnings were -206 mDKK. The profitability of the company measured by Return on Assets (ROA) was -46.7 %, which can be considered poor and Return on Equity (ROE) was -162.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -74.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TravelCo Nordic A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.