MAGIC TOURS A/S — Credit Rating and Financial Key Figures

MAGIC TOURS A/S (CVR number: 71027910) is a company from AARHUS. The company recorded a gross profit of -12.3 kDKK in 2021. The operating profit was -12.3 kDKK, while net earnings were 55.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MAGIC TOURS A/S's liquidity measured by quick ratio was 20.8 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.