Credit rating
Company information
About System-Spil ApS
System-Spil ApS (CVR number: 38377965) is a company from HEDENSTED. The company recorded a gross profit of 31.3 kDKK in 2022. The operating profit was -81.5 kDKK, while net earnings were -78.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.1 %, which can be considered poor and Return on Equity (ROE) was -20.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. System-Spil ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 295.88 | 82.80 | -56.50 | 157.93 | 31.32 |
EBIT | 200.59 | -30.19 | - 194.32 | 13.39 | -81.52 |
Net earnings | 94.45 | -34.40 | - 177.59 | -3.98 | -78.10 |
Shareholders equity total | 184.11 | 149.70 | -27.88 | -31.86 | - 109.96 |
Balance sheet total (assets) | 667.81 | 603.16 | 436.40 | 433.34 | 327.98 |
Net debt | - 200.10 | -66.52 | 360.01 | 216.50 | 201.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 39.8 % | -4.8 % | -36.9 % | 2.9 % | -18.1 % |
ROE | 69.0 % | -20.6 % | -60.6 % | -0.9 % | -20.5 % |
ROI | 40.8 % | -5.0 % | -39.1 % | 3.0 % | -19.1 % |
Economic value added (EVA) | 138.96 | -17.54 | - 162.79 | 15.98 | -51.91 |
Solvency | |||||
Equity ratio | 27.6 % | 24.8 % | -6.0 % | -6.8 % | -25.1 % |
Gearing | 42.3 % | 34.0 % | -1586.2 % | -1308.6 % | -383.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 2.0 | 0.3 | 0.5 | 0.5 |
Current ratio | 3.2 | 2.0 | 0.3 | 0.5 | 0.5 |
Cash and cash equivalents | 277.95 | 117.46 | 82.27 | 200.42 | 219.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | B |
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