TRAVELCON A/S — Credit Rating and Financial Key Figures

TRAVELCON A/S (CVR number: 27978541) is a company from RUDERSDAL. The company recorded a gross profit of -7.4 kDKK in 2020. The operating profit was -7.4 kDKK, while net earnings were 17.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. TRAVELCON A/S'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.