Thailand Travel ApS — Credit Rating and Financial Key Figures

Thailand Travel ApS (CVR number: 44137879) is a company from FREDERIKSBERG. The company recorded a gross profit of 77.9 kDKK in 2023. The operating profit was -62.1 kDKK, while net earnings were -65.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. Thailand Travel ApS's liquidity measured by quick ratio was 1.8 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.