OFFSPIN ApS — Credit Rating and Financial Key Figures

CVR number: 25690966
Rosas Minde Vej 46, 7120 Vejle Øst

Company information

Official name
OFFSPIN ApS
Established
2000
Company form
Private limited company
Industry

About OFFSPIN ApS

OFFSPIN ApS (CVR number: 25690966) is a company from VEJLE. The company recorded a gross profit of -11.2 kDKK in 2023. The operating profit was -11.2 kDKK, while net earnings were 1437.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 38.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OFFSPIN ApS's liquidity measured by quick ratio was 206.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.84-13.59-10.85-10.62-11.25
EBIT-10.84-13.59-10.85-10.62-11.25
Net earnings-2 370.521 127.65- 308.93- 922.121 437.17
Shareholders equity total3 127.634 255.283 946.353 024.234 461.40
Balance sheet total (assets)3 137.624 278.263 956.353 034.234 471.40
Net debt-0.40-1.80-1.20-1.08-0.48
Profitability
EBIT-%
ROA37.9 %30.4 %1.3 %1.5 %38.3 %
ROE-55.0 %30.5 %-7.5 %-26.5 %38.4 %
ROI38.0 %30.5 %1.3 %1.5 %38.4 %
Economic value added (EVA)- 286.93- 170.73- 220.23- 207.57- 163.16
Solvency
Equity ratio99.7 %99.5 %99.7 %99.7 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio153.168.6182.2200.3206.6
Current ratio153.168.6182.2200.3206.6
Cash and cash equivalents0.401.801.201.080.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:38.3%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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