SpaceCity Kolding A/S — Credit Rating and Financial Key Figures

CVR number: 37258431
Kokbjerg 3, 6000 Kolding
jh@luckylund.dk
tel: 22406533

Company information

Official name
SpaceCity Kolding A/S
Established
2015
Company form
Limited company
Industry

About SpaceCity Kolding A/S

SpaceCity Kolding A/S (CVR number: 37258431) is a company from KOLDING. The company recorded a gross profit of 2839.9 kDKK in 2023. The operating profit was -3297.2 kDKK, while net earnings were -2961.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, 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. SpaceCity Kolding A/S's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 378.792 495.132 621.582 008.842 839.90
EBIT4 261.892 193.1820 621.582 008.84-3 297.16
Net earnings3 178.941 572.6015 955.351 445.17-2 961.74
Shareholders equity total9 249.8610 822.4626 777.8127 422.9824 461.25
Balance sheet total (assets)32 573.0233 296.7152 121.2652 022.2647 023.03
Net debt14 585.8114 829.1215 087.9912 471.9611 985.17
Profitability
EBIT-%
ROA13.8 %6.7 %48.3 %3.9 %-6.6 %
ROE41.5 %15.7 %84.9 %5.3 %-11.4 %
ROI14.8 %7.2 %50.9 %4.0 %-6.7 %
Economic value added (EVA)2 228.83559.3514 842.37- 490.33-4 534.79
Solvency
Equity ratio28.4 %32.5 %51.4 %52.7 %52.0 %
Gearing183.9 %148.6 %56.6 %51.9 %53.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.81.21.41.6
Current ratio1.50.81.21.41.6
Cash and cash equivalents2 421.001 256.3473.771 763.75985.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:-6.58%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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