EURO SPAR FREDERIKSVÆRK ApS — Credit Rating and Financial Key Figures

CVR number: 28703686
Ellevej 34, 3300 Frederiksværk
tel: 47721842

Credit rating

Company information

Official name
EURO SPAR FREDERIKSVÆRK ApS
Personnel
61 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About EURO SPAR FREDERIKSVÆRK ApS

EURO SPAR FREDERIKSVÆRK ApS (CVR number: 28703686) is a company from HALSNÆS. The company recorded a gross profit of 8604.2 kDKK in 2023. The operating profit was 911.1 kDKK, while net earnings were 584 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EURO SPAR FREDERIKSVÆRK ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit6 763.008 243.008 736.007 283.008 604.17
EBIT980.001 510.001 460.00- 260.00911.14
Net earnings710.001 144.001 052.00- 275.00584.02
Shareholders equity total2 087.003 231.003 083.002 808.003 392.26
Balance sheet total (assets)6 996.008 508.008 905.008 418.009 981.69
Net debt-1 589.00-1 988.00- 435.00- 317.00708.71
Profitability
EBIT-%
ROA14.8 %19.5 %17.0 %-2.5 %10.4 %
ROE41.0 %43.0 %33.3 %-9.3 %18.8 %
ROI51.4 %51.6 %37.5 %-5.4 %21.1 %
Economic value added (EVA)751.781 152.691 086.77- 269.06652.28
Solvency
Equity ratio29.8 %38.0 %34.6 %33.4 %34.0 %
Gearing4.7 %2.5 %32.8 %33.8 %54.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.40.40.4
Current ratio1.21.31.21.11.1
Cash and cash equivalents1 688.002 069.001 445.001 267.001 154.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.0%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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