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 202.2 kDKK in 2024. The operating profit was -99.6 kDKK, while net earnings were -99.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.8 %, which can be considered poor and Return on Equity (ROE) was -64.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -65.4 %. 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 352.55 | 466.93 | 413.78 | 321.19 | 202.23 |
| EBIT | 62.56 | 123.86 | - 136.18 | -31.25 | -99.61 |
| Net earnings | 59.74 | 123.00 | - 136.18 | -24.89 | -99.61 |
| Shareholders equity total | - 101.36 | 21.64 | - 114.54 | - 139.43 | - 244.41 |
| Balance sheet total (assets) | 98.78 | 215.94 | 44.67 | 179.12 | 129.07 |
| Net debt | -55.22 | - 192.14 | -21.92 | -86.01 | 41.94 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 31.2 % | 59.5 % | -72.6 % | -10.4 % | -28.8 % |
| ROE | 86.2 % | 204.3 % | -410.8 % | -22.2 % | -64.6 % |
| ROI | 138.4 % | 439.8 % | -767.1 % | -776.2 % | -128.8 % |
| Economic value added (EVA) | 67.48 | 127.58 | - 137.64 | -25.82 | -92.61 |
| Solvency | |||||
| Equity ratio | -50.6 % | 10.0 % | -71.9 % | -43.8 % | -65.4 % |
| Gearing | -26.9 % | 34.5 % | -5.6 % | -63.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 1.1 | 0.2 | 0.5 | 0.5 |
| Current ratio | 0.5 | 1.1 | 0.2 | 0.5 | 0.5 |
| Cash and cash equivalents | 82.44 | 199.60 | 28.33 | 86.01 | 112.73 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | B | B | B |
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