SPAR ASAA ApS — Credit Rating and Financial Key Figures

SPAR ASAA ApS (CVR number: 29940983) is a company from Brønderslev. The company recorded a gross profit of 4273 kDKK in 2023. The operating profit was 660.3 kDKK, while net earnings were 417 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.1 %, 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. SPAR ASAA ApS's liquidity measured by quick ratio was 0.4 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.