Credit rating
Company information
About SPACE-TEK EUROPE ApS
SPACE-TEK EUROPE ApS (CVR number: 28515642) is a company from ISHØJ. The company recorded a gross profit of 400.4 kDKK in 2023. The operating profit was -96.7 kDKK, while net earnings were -158.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -13.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.4 %, 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. SPACE-TEK EUROPE ApS's liquidity measured by quick ratio was 0.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 752.00 | 868.00 | 286.00 | 140.00 | 400.37 |
EBIT | -40.00 | 152.00 | - 333.00 | - 393.00 | -96.68 |
Net earnings | -19.00 | 56.00 | - 306.00 | - 293.00 | - 158.74 |
Shareholders equity total | 1 773.00 | 1 829.00 | 1 522.00 | 1 230.00 | 1 071.47 |
Balance sheet total (assets) | 3 181.00 | 3 174.00 | 3 287.00 | 2 932.00 | 2 867.33 |
Net debt | 901.00 | 784.00 | 792.00 | 800.00 | 592.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | 5.6 % | -9.8 % | -9.7 % | -3.2 % |
ROE | -1.1 % | 3.1 % | -18.3 % | -21.3 % | -13.8 % |
ROI | 0.3 % | 6.8 % | -12.8 % | -13.9 % | -5.0 % |
Economic value added (EVA) | - 128.00 | 24.40 | - 359.36 | - 391.10 | - 139.35 |
Solvency | |||||
Equity ratio | 55.7 % | 57.6 % | 46.3 % | 42.0 % | 37.4 % |
Gearing | 50.8 % | 42.9 % | 52.0 % | 65.0 % | 55.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 0.9 | 0.8 | 0.6 |
Current ratio | 2.2 | 2.3 | 1.8 | 1.7 | 1.6 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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