Spice Town People A/S — Credit Rating and Financial Key Figures

Spice Town People A/S (CVR number: 38440306) is a company from KØBENHAVN. The company recorded a gross profit of 10.2 mDKK in 2023. The operating profit was 3072.3 kDKK, while net earnings were 2426.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 126.5 %, which can be considered excellent and Return on Equity (ROE) was 148 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Spice Town People A/S'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.