SPANG A/S

SPANG A/S (CVR number: 34880409) is a company from VEJLE. The company recorded a gross profit of 1276.7 kDKK in 2023. The operating profit was -131.5 kDKK, while net earnings were -158.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.4 %, which can be considered poor and Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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. SPANG A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.