KURT SPANGTOFT A/S — Credit Rating and Financial Key Figures

CVR number: 41595310
Bispeengen 60, Anderup 5270 Odense N
fdonsager@yahoo.dk
tel: 25547830

Company information

Official name
KURT SPANGTOFT A/S
Personnel
1 person
Established
1972
Domicile
Anderup
Company form
Limited company
Industry

About KURT SPANGTOFT A/S

KURT SPANGTOFT A/S (CVR number: 41595310) is a company from ODENSE. The company recorded a gross profit of 580.4 kDKK in 2023. The operating profit was 394.1 kDKK, while net earnings were 302.5 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 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT SPANGTOFT A/S's liquidity measured by quick ratio was 9 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 profit749.04561.95770.03414.06580.43
EBIT423.39233.53434.6388.42394.13
Net earnings321.41170.75325.7949.23302.51
Shareholders equity total7 873.467 929.318 137.508 066.738 007.54
Balance sheet total (assets)8 651.378 726.158 935.078 742.508 800.01
Net debt-2 399.50-2 499.93-2 755.76-2 595.46-2 583.47
Profitability
EBIT-%
ROA5.0 %2.7 %4.9 %1.0 %4.5 %
ROE4.1 %2.2 %4.1 %0.6 %3.8 %
ROI5.2 %2.8 %5.1 %1.0 %4.6 %
Economic value added (EVA)54.18-92.9666.20- 201.5532.12
Solvency
Equity ratio91.0 %90.9 %91.1 %92.3 %91.0 %
Gearing0.2 %0.1 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio7.37.19.610.59.0
Current ratio7.37.19.610.59.0
Cash and cash equivalents2 399.502 499.932 769.742 604.602 630.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:4.50%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.0%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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