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SPY ApS — Credit Rating and Financial Key Figures

CVR number: 32838189
Industrivej 48, 7430 Ikast
Free credit report Annual report

Credit rating

Company information

Official name
SPY ApS
Personnel
28 persons
Established
2010
Company form
Private limited company
Industry

About SPY ApS

SPY ApS (CVR number: 32838189) is a company from IKAST-BRANDE. The company recorded a gross profit of 37.3 mDKK in 2025. The operating profit was 19 mDKK, while net earnings were 14.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 230.8 %, which can be considered excellent and Return on Equity (ROE) was 325.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.3 %, 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. SPY ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit33 412.2841 650.2040 032.2240 559.3837 283.93
EBIT18 532.7924 539.0922 092.0823 622.8618 961.00
Net earnings14 383.7219 067.6717 221.0318 443.0714 787.42
Shareholders equity total5 272.655 540.323 161.366 504.432 591.85
Balance sheet total (assets)8 679.889 270.747 661.5110 059.156 428.30
Net debt-6 439.79-6 303.24-3 501.40-5 111.14-1 421.13
Profitability
EBIT-%
ROA195.5 %273.4 %261.3 %267.7 %230.8 %
ROE297.8 %352.7 %395.8 %381.6 %325.1 %
ROI383.5 %453.9 %508.4 %490.8 %417.7 %
Economic value added (EVA)14 223.1518 864.1116 936.8418 249.7014 448.74
Solvency
Equity ratio60.7 %59.8 %41.3 %64.7 %40.3 %
Gearing0.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.21.52.61.4
Current ratio2.42.21.52.61.4
Cash and cash equivalents6 439.796 303.243 501.405 111.141 432.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:230.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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