Spot On ApS
Credit rating
Company information
About Spot On ApS
Spot On ApS (CVR number: 33149794) is a company from SYDDJURS. The company recorded a gross profit of 75.8 kDKK in 2023. The operating profit was -68.7 kDKK, while net earnings were -126.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, 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 -49 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Spot On ApS's liquidity measured by quick ratio was 0.5 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 | - 175.94 | -31.58 | 24.18 | 120.96 | 75.76 |
EBIT | - 186.80 | - 325.04 | - 371.32 | - 322.29 | -68.69 |
Net earnings | - 150.57 | - 279.50 | - 482.75 | - 376.01 | - 126.59 |
Shareholders equity total | 376.21 | 96.71 | - 386.05 | - 762.05 | - 885.41 |
Balance sheet total (assets) | 998.01 | 1 117.04 | 980.25 | 916.35 | 922.72 |
Net debt | -50.62 | 834.79 | 1 210.84 | 1 309.31 | 1 475.94 |
Profitability | |||||
EBIT-% | |||||
ROA | -31.2 % | -30.7 % | -29.9 % | -21.2 % | -3.9 % |
ROE | -53.5 % | -118.2 % | -89.7 % | -39.7 % | -13.8 % |
ROI | -66.0 % | -46.6 % | -32.9 % | -24.8 % | -4.8 % |
Economic value added (EVA) | - 154.13 | - 270.82 | - 425.37 | - 301.40 | -27.85 |
Solvency | |||||
Equity ratio | 37.7 % | 8.7 % | -28.3 % | -45.4 % | -49.0 % |
Gearing | 0.7 % | 950.8 % | -321.3 % | -178.5 % | -169.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.2 | 0.1 | 0.0 | 0.5 |
Current ratio | 0.6 | 0.2 | 0.1 | 0.0 | 0.5 |
Cash and cash equivalents | 53.44 | 84.70 | 29.66 | 50.74 | 23.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | B | B | B |
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