SPARRINGS-PARTNER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPARRINGS-PARTNER ApS
SPARRINGS-PARTNER ApS (CVR number: 35808485) is a company from SVENDBORG. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -15.5 % compared to the previous year. The operating profit percentage was at 67.5 % (EBIT: 0 mDKK), while net earnings were 36 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23 %, which can be considered excellent and Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SPARRINGS-PARTNER ApS's liquidity measured by quick ratio was 12 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 64.13 | 47.38 | 143.88 | 81.00 | 68.44 |
Gross profit | 40.29 | 32.45 | 134.31 | 52.20 | 46.20 |
EBIT | 1.93 | 14.90 | 113.80 | 33.62 | 46.20 |
Net earnings | 0.59 | 11.63 | 88.76 | 26.07 | 36.03 |
Shareholders equity total | 30.76 | 40.30 | 155.21 | 178.87 | 155.76 |
Balance sheet total (assets) | 97.30 | 135.02 | 246.51 | 231.94 | 169.89 |
Net debt | -90.44 | - 110.27 | - 242.33 | - 228.75 | - 169.89 |
Profitability | |||||
EBIT-% | 3.0 % | 31.5 % | 79.1 % | 41.5 % | 67.5 % |
ROA | 1.3 % | 12.8 % | 59.7 % | 14.1 % | 23.0 % |
ROE | 1.6 % | 32.7 % | 90.8 % | 15.6 % | 21.5 % |
ROI | 5.3 % | 42.0 % | 116.4 % | 20.1 % | 27.6 % |
Economic value added (EVA) | 6.15 | 14.63 | 92.28 | 30.44 | 38.54 |
Solvency | |||||
Equity ratio | 31.6 % | 29.8 % | 47.2 % | 77.1 % | 91.7 % |
Gearing | |||||
Relative net indebtedness % | -37.3 % | -32.8 % | -162.0 % | -216.9 % | -227.6 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | 2.7 | 4.4 | 12.0 |
Current ratio | 1.5 | 1.4 | 2.7 | 4.4 | 12.0 |
Cash and cash equivalents | 90.44 | 110.27 | 242.33 | 228.75 | 169.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 144.5 | ||||
Net working capital % | 48.0 % | 85.1 % | 107.9 % | 220.8 % | 227.6 % |
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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