SPACE INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPACE INTERNATIONAL A/S
SPACE INTERNATIONAL A/S (CVR number: 26683521) is a company from HOLSTEBRO. The company recorded a gross profit of 1053.8 kDKK in 2024. The operating profit was -99.6 kDKK, while net earnings were -126.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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. SPACE INTERNATIONAL A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 805.61 | 1 594.17 | 1 171.51 | 1 624.56 | 1 053.80 |
EBIT | 413.53 | 401.28 | -23.36 | 450.45 | -99.65 |
Net earnings | 375.11 | 28.23 | -52.88 | 325.73 | - 126.40 |
Shareholders equity total | 2 646.46 | 2 674.69 | 2 621.81 | 2 947.53 | 2 821.13 |
Balance sheet total (assets) | 7 489.28 | 7 641.77 | 7 355.64 | 6 962.23 | 6 379.27 |
Net debt | 3 235.07 | 3 137.99 | 2 933.27 | 3 178.33 | 2 799.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.1 % | 6.0 % | 1.6 % | 8.5 % | 0.4 % |
ROE | 15.3 % | 1.1 % | -2.0 % | 11.7 % | -4.4 % |
ROI | 11.0 % | 6.6 % | 1.7 % | 9.1 % | 0.4 % |
Economic value added (EVA) | -36.41 | -24.14 | - 373.28 | 12.16 | - 394.75 |
Solvency | |||||
Equity ratio | 47.4 % | 46.8 % | 47.9 % | 55.3 % | 58.3 % |
Gearing | 151.5 % | 164.0 % | 156.4 % | 114.0 % | 112.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 0.6 | 0.7 | 0.5 |
Current ratio | 1.8 | 1.8 | 1.9 | 2.4 | 2.7 |
Cash and cash equivalents | 774.93 | 1 248.93 | 1 166.38 | 183.02 | 380.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | BBB |
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