Støvring Spanggaard Invest A/S — Credit Rating and Financial Key Figures

CVR number: 41463767
Erhvervsparken 7, 9500 Hobro
info@absoluthorsetrucks.dk
tel: 40620465

Company information

Official name
Støvring Spanggaard Invest A/S
Established
2020
Company form
Limited company
Industry

About Støvring Spanggaard Invest A/S

Støvring Spanggaard Invest A/S (CVR number: 41463767) is a company from MARIAGERFJORD. The company recorded a gross profit of 819.5 kDKK in 2024. The operating profit was 832.6 kDKK, while net earnings were 152.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 17 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Støvring Spanggaard Invest A/S's liquidity measured by quick ratio was 0.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 586.87669.26702.84657.24819.51
EBIT454.141 145.28988.39697.69832.60
Net earnings347.19811.62684.04127.87152.86
Shareholders equity total1 110.331 921.072 605.102 732.972 885.83
Balance sheet total (assets)16 186.6316 300.8416 565.2816 986.4316 999.34
Net debt266.3612 060.2711 586.8811 772.8611 767.07
Profitability
EBIT-%
ROA2.8 %7.1 %6.0 %4.2 %4.9 %
ROE31.3 %53.5 %30.2 %4.8 %5.4 %
ROI33.0 %14.8 %6.9 %4.8 %5.6 %
Economic value added (EVA)354.69837.14111.81- 137.14-30.14
Solvency
Equity ratio6.9 %11.8 %15.7 %16.1 %17.0 %
Gearing24.0 %627.8 %444.8 %430.8 %407.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.20.30.2
Current ratio0.10.20.20.30.2
Cash and cash equivalents0.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.90%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.0%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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