Spa og Sauna ApS — Credit Rating and Financial Key Figures

Spa og Sauna ApS (CVR number: 40269630) is a company from HOLSTEBRO. The company recorded a gross profit of 338.1 kDKK in 2023. The operating profit was 102 kDKK, while net earnings were 9.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 21.4 %, 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. Spa og Sauna ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.