Shine Travels ApS

CVR number: 43554239
Gormsgade 2 A, 2200 København N

Credit rating

Company information

Official name
Shine Travels ApS
Personnel
2 persons
Established
2022
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About Shine Travels ApS

Shine Travels ApS (CVR number: 43554239) is a company from KØBENHAVN. The company recorded a gross profit of 536.8 kDKK in 2023. The operating profit was -47.5 kDKK, while net earnings were -39.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.4 %, which can be considered poor and Return on Equity (ROE) was -5843.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Shine Travels ApS's liquidity measured by quick ratio was 1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
Volume
Net sales
Gross profit536.80
EBIT-47.46
Net earnings-39.33
Shareholders equity total0.67
Balance sheet total (assets)161.58
Net debt-98.14
Profitability
EBIT-%
ROA-29.4 %
ROE-5843.5 %
ROI-7052.0 %
Economic value added (EVA)-37.53
Solvency
Equity ratio0.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.0
Current ratio1.0
Cash and cash equivalents98.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingB

Variable visualization

ROA:-29.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.42%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.