Journeo A/S — Credit Rating and Financial Key Figures

Journeo A/S (CVR number: 25493877K) is a company from AARHUS. The company recorded a gross profit of 22.4 kDKK in 2013, demonstrating a decline of -31.9 % compared to the previous year. The operating profit was -5.9 kDKK, while net earnings were -4.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11 %, which can be considered poor and Return on Equity (ROE) was -15.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Journeo 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.