SP GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 15701315
Snavevej 6-10, 5471 Søndersø
info@sp-group.dk
tel: 70232379

Credit rating

Company information

Official name
SP GROUP A/S
Personnel
13 persons
Established
1962
Company form
Limited company
Industry

About SP GROUP A/S

SP GROUP A/S (CVR number: 15701315) is a company from NORDFYNS. The company reported a net sales of 6.4 mDKK in 2020, demonstrating a decline of -13.6 % compared to the previous year. The operating profit percentage was poor at -268.4 % (EBIT: -17.2 mDKK), while net earnings were 28.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.8 %, 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. SP GROUP A/S's liquidity measured by quick ratio was 0.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales9 233.008 526.007 431.007 400.006 391.00
Gross profit4 859.004 883.004 922.004 317.004 883.00
EBIT-9 896.00-11 814.00-12 283.00-13 765.00-17 154.00
Net earnings15 351.0028 950.0054 435.0058 651.0028 210.00
Shareholders equity total230 538.00214 608.00202 674.00195 751.00424 107.00
Balance sheet total (assets)592 404.00722 060.00771 606.00820 501.00968 701.00
Net debt239 147.00228 077.00309 887.00391 507.00300 172.00
Profitability
EBIT-%-107.2 %-138.6 %-165.3 %-186.0 %-268.4 %
ROA-1.5 %-1.4 %0.5 %0.8 %-1.6 %
ROE6.5 %13.0 %26.1 %29.4 %9.1 %
ROI-1.6 %-1.6 %0.6 %0.9 %-1.8 %
Economic value added (EVA)-32 183.54-36 908.35-35 305.39-41 494.94-48 918.53
Solvency
Equity ratio38.9 %29.7 %26.3 %23.9 %43.8 %
Gearing107.1 %107.1 %160.3 %200.0 %87.7 %
Relative net indebtedness %3834.3 %5930.7 %7454.0 %8441.8 %7396.2 %
Liquidity
Quick ratio0.20.30.30.20.8
Current ratio0.20.30.30.20.8
Cash and cash equivalents7 843.001 797.0015 028.0054.0071 902.00
Capital use efficiency
Trade debtors turnover (days)4.70.96.78 112.8
Net working capital %-1907.9 %-1985.7 %-2532.1 %-3284.8 %-1025.7 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-1.59%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Chief executive officer

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