Sphere Europe ApS — Credit Rating and Financial Key Figures

CVR number: 41861487
Flegmade 4 D, 7100 Vejle
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Credit rating

Company information

Official name
Sphere Europe ApS
Established
2020
Company form
Private limited company
Industry

About Sphere Europe ApS

Sphere Europe ApS (CVR number: 41861487) is a company from VEJLE. The company recorded a gross profit of 1733.5 kDKK in 2024. The operating profit was 1733.5 kDKK, while net earnings were 1353.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.3 %, which can be considered excellent and Return on Equity (ROE) was 46.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75 %, 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. Sphere Europe ApS's liquidity measured by quick ratio was 3.8 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-5.00-4.002 848.111 733.48
EBIT-5.00-4.002 848.111 733.48
Net earnings-6.58-5.042 213.491 353.11
Shareholders equity total33.4228.392 241.873 594.98
Balance sheet total (assets)40.0034.973 746.974 795.40
Net debt-38.42-16.08-42.24-2 586.40
Profitability
EBIT-%
ROA-12.5 %-10.7 %150.6 %42.3 %
ROE-19.7 %-16.3 %195.0 %46.4 %
ROI-14.3 %-12.3 %250.5 %61.9 %
Economic value added (EVA)-5.00-5.762 220.241 227.56
Solvency
Equity ratio83.6 %81.2 %59.8 %75.0 %
Gearing4.7 %5.6 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio6.15.32.53.8
Current ratio6.15.32.53.8
Cash and cash equivalents40.0017.6544.042 588.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:42.3%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.0%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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