Credit rating
Company information
About ESPINETS A/S
ESPINETS A/S (CVR number: 29425043) is a company from SYDDJURS. The company recorded a gross profit of -27.9 kDKK in 2023. The operating profit was -27.9 kDKK, while net earnings were 453.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ESPINETS A/S's liquidity measured by quick ratio was 4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 300.78 | - 176.06 | - 177.91 | -33.60 | -27.88 |
EBIT | 99.22 | -3 876.06 | -1 377.91 | 113.45 | -27.88 |
Net earnings | -81.16 | -2 786.28 | - 841.14 | 425.95 | 453.53 |
Shareholders equity total | 25 385.60 | 22 599.32 | 21 758.18 | 22 184.13 | 1 637.65 |
Balance sheet total (assets) | 30 329.54 | 26 618.33 | 25 445.90 | 22 599.63 | 2 176.41 |
Net debt | 1 448.75 | 1 683.39 | 1 815.61 | -7 580.61 | 278.70 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.3 % | -13.6 % | -5.3 % | 1.7 % | 3.7 % |
ROE | -0.3 % | -11.6 % | -3.8 % | 1.9 % | 3.8 % |
ROI | 0.3 % | -13.8 % | -5.4 % | 1.7 % | 3.8 % |
Economic value added (EVA) | -1 209.26 | -4 019.28 | -1 937.07 | - 972.95 | - 761.70 |
Solvency | |||||
Equity ratio | 83.7 % | 84.9 % | 85.5 % | 98.2 % | 75.2 % |
Gearing | 5.7 % | 7.4 % | 8.3 % | 18.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.1 | 54.4 | 4.0 |
Current ratio | 0.1 | 0.1 | 0.1 | 54.4 | 4.0 |
Cash and cash equivalents | 7 580.61 | 23.21 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | B | BB |
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