SPAR SHIPPING ApS — Credit Rating and Financial Key Figures

CVR number: 15019735
Herredsvej 5, 2820 Gentofte
keld@sparshipping.dk

Credit rating

Company information

Official name
SPAR SHIPPING ApS
Personnel
8 persons
Established
1991
Company form
Private limited company
Industry
  • Expand more icon50Water transport

About SPAR SHIPPING ApS

SPAR SHIPPING ApS (CVR number: 15019735) is a company from GENTOFTE. The company recorded a gross profit of 3587.8 kDKK in 2024. The operating profit was 688.1 kDKK, while net earnings were 516.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. SPAR SHIPPING ApS's liquidity measured by quick ratio was 5.5 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 profit1 535.743 481.493 110.802 744.993 587.79
EBIT- 155.001 477.33839.50258.34688.13
Net earnings- 276.501 078.21671.44196.81516.82
Shareholders equity total2 003.243 081.463 752.903 949.714 466.54
Balance sheet total (assets)4 614.095 030.775 711.905 975.046 235.43
Net debt1 433.56494.86-1 343.56-1 861.33-2 599.89
Profitability
EBIT-%
ROA-3.2 %31.1 %16.2 %4.9 %11.4 %
ROE-12.9 %42.4 %19.6 %5.1 %12.3 %
ROI-3.6 %35.2 %19.1 %5.8 %13.1 %
Economic value added (EVA)- 250.991 066.76541.63110.84464.69
Solvency
Equity ratio43.4 %61.5 %66.1 %66.3 %71.6 %
Gearing101.8 %27.5 %16.1 %16.6 %13.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.03.13.25.5
Current ratio2.02.03.03.35.7
Cash and cash equivalents606.28351.971 948.642 515.853 178.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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