SPOTMARKET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPOTMARKET A/S
SPOTMARKET A/S (CVR number: 36082283) is a company from AARHUS. The company recorded a gross profit of 661.4 kDKK in 2023. The operating profit was -104.3 kDKK, while net earnings were -74.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -27.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SPOTMARKET A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 851.83 | 2 549.49 | 2 860.87 | 1 239.21 | 661.38 |
EBIT | 176.68 | 1 314.52 | 1 070.33 | - 242.81 | - 104.30 |
Net earnings | 754.40 | 995.36 | 815.18 | - 268.47 | -74.22 |
Shareholders equity total | - 238.56 | 756.80 | 1 571.98 | 303.51 | 229.29 |
Balance sheet total (assets) | 1 052.17 | 3 425.63 | 5 732.65 | 1 439.75 | 951.06 |
Net debt | 185.16 | - 355.81 | - 277.46 | 566.81 | 149.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 60.2 % | 55.8 % | 23.5 % | -5.9 % | -6.7 % |
ROE | 119.1 % | 110.0 % | 70.0 % | -28.6 % | -27.9 % |
ROI | 175.2 % | 240.6 % | 87.7 % | -14.9 % | -10.3 % |
Economic value added (EVA) | 232.82 | 1 043.45 | 829.47 | - 309.19 | -88.81 |
Solvency | |||||
Equity ratio | -18.5 % | 22.1 % | 27.4 % | 21.1 % | 24.1 % |
Gearing | -160.6 % | 2.3 % | 11.0 % | 256.3 % | 106.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 1.4 | 1.3 | 1.3 |
Current ratio | 0.8 | 1.1 | 1.4 | 1.3 | 1.3 |
Cash and cash equivalents | 197.87 | 373.09 | 450.88 | 211.00 | 94.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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