SPACES ApS — Credit Rating and Financial Key Figures

SPACES ApS (CVR number: 34882142) is a company from RANDERS. The company recorded a gross profit of 294.3 kDKK in 2024. The operating profit was -347.6 kDKK, while net earnings were -1063.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -14.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SPACES ApS's liquidity measured by quick ratio was 1.5 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.