Thailand Travel ApS — Credit Rating and Financial Key Figures

CVR number: 44137879
H.C. Ørsteds Vej 50 C, 1879 Frederiksberg C

Credit rating

Company information

Official name
Thailand Travel ApS
Personnel
6 persons
Established
2023
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About Thailand Travel ApS

Thailand Travel ApS (CVR number: 44137879) is a company from FREDERIKSBERG. The company recorded a gross profit of 995 kDKK in 2024. The operating profit was 93.5 kDKK, while net earnings were 59.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thailand Travel ApS's liquidity measured by quick ratio was 97.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit77.88994.99
EBIT-62.0893.46
Net earnings-65.3459.19
Shareholders equity total-25.3433.84
Balance sheet total (assets)3 317.8711 429.80
Net debt- 412.77-4 337.46
Profitability
EBIT-%
ROA-1.9 %1.6 %
ROE-2.0 %3.5 %
ROI-6.8 %12.4 %
Economic value added (EVA)-62.08161.21
Solvency
Equity ratio81.8 %89.3 %
Gearing-3590.7 %2850.1 %
Relative net indebtedness %
Liquidity
Quick ratio14.597.9
Current ratio1.21.1
Cash and cash equivalents1 322.775 302.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:1.60%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.3%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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