SPICE BOAT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPICE BOAT ApS
SPICE BOAT ApS (CVR number: 39823675) is a company from KØBENHAVN. The company recorded a gross profit of 321.2 kDKK in 2023. The operating profit was -31.3 kDKK, while net earnings were -24.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.4 %, which can be considered poor and Return on Equity (ROE) was -22.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SPICE BOAT ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 690.27 | ||||
Gross profit | 58.29 | 352.55 | 466.93 | 413.78 | 321.19 |
EBIT | - 211.10 | 62.56 | 123.86 | - 136.18 | -31.25 |
Net earnings | - 211.10 | 59.74 | 123.00 | - 136.18 | -24.89 |
Shareholders equity total | - 161.10 | - 101.36 | 21.64 | - 114.54 | - 139.43 |
Balance sheet total (assets) | 39.83 | 98.78 | 215.94 | 44.67 | 179.12 |
Net debt | 39.69 | -55.22 | - 192.14 | -21.92 | -86.01 |
Profitability | |||||
EBIT-% | -30.6 % | ||||
ROA | -105.1 % | 31.2 % | 59.5 % | -72.6 % | -10.4 % |
ROE | -530.0 % | 86.2 % | 204.3 % | -410.8 % | -22.2 % |
ROI | -334.1 % | 138.4 % | 439.8 % | -767.1 % | -776.2 % |
Economic value added (EVA) | - 211.10 | 71.83 | 133.09 | - 127.23 | -24.07 |
Solvency | |||||
Equity ratio | -80.2 % | -50.6 % | 10.0 % | -71.9 % | -43.8 % |
Gearing | -39.2 % | -26.9 % | 34.5 % | -5.6 % | |
Relative net indebtedness % | 25.7 % | ||||
Liquidity | |||||
Quick ratio | 0.2 | 0.5 | 1.1 | 0.2 | 0.5 |
Current ratio | 0.2 | 0.5 | 1.1 | 0.2 | 0.5 |
Cash and cash equivalents | 23.49 | 82.44 | 199.60 | 28.33 | 86.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -16.6 % | ||||
Credit risk | |||||
Credit rating | C | BB | BBB | BB | BB |
Variable visualization
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