SPARMED ApS — Credit Rating and Financial Key Figures

CVR number: 30898575
Ryttermarken 2, 3520 Farum
tel: 39402503
www.sparmed.dk

Company information

Official name
SPARMED ApS
Personnel
27 persons
Established
2007
Company form
Private limited company
Industry

About SPARMED ApS

SPARMED ApS (CVR number: 30898575) is a company from FURESØ. The company recorded a gross profit of 19 mDKK in 2023. The operating profit was 340 kDKK, while net earnings were 857.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71 %, 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. SPARMED ApS's liquidity measured by quick ratio was 1.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14 320.3315 589.3724 057.0614 277.1319 005.17
EBIT2 385.436 265.1611 897.43- 653.35339.96
Net earnings1 770.584 398.7511 823.93- 588.62857.85
Shareholders equity total13 062.3217 461.0729 285.0028 696.3919 054.24
Balance sheet total (assets)20 735.0525 965.4339 819.5535 961.3626 846.28
Net debt-4 336.99-13 734.90-12 630.10-17 130.63-7 483.52
Profitability
EBIT-%
ROA11.6 %26.8 %47.0 %3.6 %5.0 %
ROE11.6 %28.8 %50.6 %-2.0 %3.6 %
ROI14.4 %34.0 %57.0 %4.2 %6.3 %
Economic value added (EVA)1 295.974 600.409 253.52-1 224.13- 224.57
Solvency
Equity ratio63.0 %67.2 %73.5 %79.8 %71.0 %
Gearing23.2 %18.3 %14.2 %6.3 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.42.22.03.31.8
Current ratio2.52.93.74.73.3
Cash and cash equivalents7 361.3616 934.1716 791.4418 951.677 567.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:5.04%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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