_space ApS — Credit Rating and Financial Key Figures

CVR number: 40882529
Tomsagervej 2, 8230 Åbyhøj
nicholasbb@webvaekst.dk
tel: 28729698
www.webvaekst.dk

Company information

Official name
_space ApS
Personnel
15 persons
Established
2019
Company form
Private limited company
Industry

About _space ApS

_space ApS (CVR number: 40882529) is a company from AARHUS. The company recorded a gross profit of 6287.2 kDKK in 2024. The operating profit was 1246.8 kDKK, while net earnings were 1305.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.8 %, which can be considered excellent and Return on Equity (ROE) was 213.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.4 %, 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. _space ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales201.12
Gross profit52.231 695.342 411.383 289.716 287.20
EBIT- 316.67-77.48355.45-1 099.571 246.78
Net earnings- 316.67- 113.72347.05-1 163.211 305.22
Shareholders equity total-4.55-78.2858.70-1 104.51200.71
Balance sheet total (assets)166.85605.78650.201 022.211 754.73
Net debt-32.41- 148.6133.30- 263.35- 321.83
Profitability
EBIT-%-157.5 %
ROA-184.8 %-18.1 %53.3 %-78.7 %65.8 %
ROE-189.8 %-29.4 %104.5 %-215.2 %213.5 %
ROI-487.7 %-200.5 %340.8 %-1114.1 %1273.4 %
Economic value added (EVA)- 316.67-72.36367.48-1 097.281 411.31
Solvency
Equity ratio-2.7 %-11.4 %9.0 %-51.9 %11.4 %
Gearing-1426.4 %-15.8 %234.2 %
Relative net indebtedness %36.8 %
Liquidity
Quick ratio1.00.81.00.41.1
Current ratio1.00.81.00.41.1
Cash and cash equivalents97.34160.98104.21263.35321.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-2.3 %
Credit risk
Credit ratingBBBBBBCBB

Variable visualization

ROA:65.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.4%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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