SPACE 2 LIVE ApS — Credit Rating and Financial Key Figures

CVR number: 40355731
Auningvej 83, Vrangbæk 8963 Auning

Company information

Official name
SPACE 2 LIVE ApS
Established
2019
Domicile
Vrangbæk
Company form
Private limited company
Industry

About SPACE 2 LIVE ApS

SPACE 2 LIVE ApS (CVR number: 40355731) is a company from NORDDJURS. The company recorded a gross profit of 140.8 kDKK in 2023. The operating profit was 140.8 kDKK, while net earnings were 108.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. SPACE 2 LIVE ApS's liquidity measured by quick ratio was 4.3 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
2019
2020
2021
2022
2023
Volume
Net sales268.51
Gross profit268.51228.26197.71210.44140.76
EBIT268.51228.26197.71210.44140.76
Net earnings206.47177.00149.24162.09108.34
Shareholders equity total256.47433.48582.72744.80853.14
Balance sheet total (assets)318.25544.41738.32944.111 109.88
Net debt- 249.96- 401.32- 422.49- 601.57- 690.10
Profitability
EBIT-%100.0 %
ROA84.4 %52.9 %30.8 %25.0 %13.7 %
ROE80.5 %51.3 %29.4 %24.4 %13.6 %
ROI104.7 %61.0 %33.3 %26.4 %14.4 %
Economic value added (EVA)206.67165.76127.42130.8963.20
Solvency
Equity ratio80.6 %79.6 %78.9 %78.9 %76.9 %
Gearing13.6 %19.0 %20.6 %23.4 %
Relative net indebtedness %-70.1 %
Liquidity
Quick ratio5.24.94.74.74.3
Current ratio5.24.94.74.74.3
Cash and cash equivalents249.96460.32533.42755.16889.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %95.5 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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