Spring17 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Spring17 ApS
Spring17 ApS (CVR number: 38476246) is a company from KØBENHAVN. The company recorded a gross profit of -20.8 kDKK in 2024. The operating profit was -20.8 kDKK, while net earnings were -16 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Spring17 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.75 | -10.55 | -30.54 | -76.79 | -20.78 |
EBIT | -10.75 | -10.55 | -30.54 | -76.79 | -20.78 |
Net earnings | - 210.79 | 2 906.33 | - 114.26 | - 599.46 | -16.05 |
Shareholders equity total | 500.48 | 3 406.81 | 3 292.56 | 2 693.09 | 2 677.05 |
Balance sheet total (assets) | 3 860.29 | 7 560.34 | 7 606.00 | 7 209.93 | 4 966.85 |
Net debt | 3 281.76 | 4 079.68 | 159.93 | 689.79 | -93.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.1 % | 53.6 % | 2.5 % | -2.7 % | 1.5 % |
ROE | -34.8 % | 148.8 % | -3.4 % | -20.0 % | -0.6 % |
ROI | 0.1 % | 53.6 % | 2.5 % | -2.7 % | 1.5 % |
Economic value added (EVA) | - 160.47 | - 204.29 | - 401.19 | - 458.59 | - 382.28 |
Solvency | |||||
Equity ratio | 13.0 % | 45.1 % | 43.3 % | 37.4 % | 53.9 % |
Gearing | 669.7 % | 121.7 % | 130.8 % | 167.1 % | 84.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 2.0 | 1.9 | 3.8 |
Current ratio | 0.5 | 0.6 | 2.0 | 1.9 | 3.8 |
Cash and cash equivalents | 70.05 | 65.85 | 4 145.51 | 3 811.04 | 2 366.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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