TRAVELMARKET A/S — Credit Rating and Financial Key Figures

CVR number: 25923324
Nørregade 77, 7100 Vejle

Company information

Official name
TRAVELMARKET A/S
Personnel
11 persons
Established
2001
Company form
Limited company
Industry

About TRAVELMARKET A/S

TRAVELMARKET A/S (CVR number: 25923324) is a company from VEJLE. The company recorded a gross profit of 9515.3 kDKK in 2024. The operating profit was 2361.2 kDKK, while net earnings were 1804.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25 %, which can be considered excellent and Return on Equity (ROE) was 31.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TRAVELMARKET A/S's liquidity measured by quick ratio was 2.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 091.005 815.009 787.0011 561.009 515.29
EBIT-3 948.00105.003 144.004 661.002 361.24
Net earnings-3 165.0027.002 387.003 651.001 804.84
Shareholders equity total2 310.002 336.004 723.006 523.004 909.52
Balance sheet total (assets)5 443.006 316.008 759.0011 017.009 047.84
Net debt-2 382.00-3 276.00-6 114.00-6 940.00-4 639.00
Profitability
EBIT-%
ROA-52.9 %1.9 %41.8 %48.5 %25.0 %
ROE-81.3 %1.2 %67.6 %64.9 %31.6 %
ROI-90.7 %3.6 %80.4 %84.8 %41.4 %
Economic value added (EVA)-3 358.85-36.332 287.413 399.621 496.19
Solvency
Equity ratio42.2 %32.3 %53.9 %59.2 %54.3 %
Gearing3.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.72.32.62.3
Current ratio1.81.72.32.62.3
Cash and cash equivalents2 382.003 276.006 114.006 940.004 829.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:25.0%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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