SSP Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 29536740
Lufthavnsboulevarden 14, 2770 Kastrup
thomas.larsen@ssp.dk
tel: 26317682
www.foodtravelexperts.com

Credit rating

Company information

Official name
SSP Denmark ApS
Personnel
463 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon561190

About SSP Denmark ApS

SSP Denmark ApS (CVR number: 29536740) is a company from TÅRNBY. The company reported a net sales of 435.7 mDKK in 2024, demonstrating a decline of -20.2 % compared to the previous year. The operating profit percentage was poor at -6.9 % (EBIT: -30.2 mDKK), while net earnings were -34.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -13.1 %, which can be considered poor and Return on Equity (ROE) was -212 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 10.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SSP Denmark ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales262.61110.90397.42546.29435.68
Gross profit106.7945.64115.72168.56168.95
EBIT-50.21-24.97-21.92-39.06-30.21
Net earnings-42.66-24.70-47.07-42.87-34.21
Shareholders equity total-39.44-81.8551.088.2124.07
Balance sheet total (assets)88.1097.45268.09236.64225.50
Net debt38.9614.09
Profitability
EBIT-%-19.1 %-22.5 %-5.5 %-7.1 %-6.9 %
ROA-17.3 %-16.3 %-9.8 %-15.4 %-13.1 %
ROE-43.6 %40.7 %306.0 %-144.6 %-212.0 %
ROI-17.3 %-16.3 %-9.8 %-17.7 %-17.7 %
Economic value added (EVA)-18.57-22.99-17.81-41.634.95
Solvency
Equity ratio100.0 %3.5 %10.7 %
Gearing1851.9 %516.2 %
Relative net indebtedness %19.0 %16.2 %
Liquidity
Quick ratio0.80.9
Current ratio0.80.9
Cash and cash equivalents113.16110.14
Capital use efficiency
Trade debtors turnover (days)7.110.3
Net working capital %-6.3 %-2.3 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-13.1%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.7%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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