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Spanner Racing ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Spanner Racing ApS
Spanner Racing ApS (CVR number: 43150839) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -51 kDKK in 2025. The operating profit was -51 kDKK, while net earnings were -41.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -52.3 %, which can be considered poor and Return on Equity (ROE) was -74.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.5 %, 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. Spanner Racing ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -59.29 | -11.60 | -32.73 | -51.04 |
| EBIT | -59.29 | -11.60 | -32.73 | -51.04 |
| Net earnings | -46.73 | -10.36 | -27.32 | -41.64 |
| Shareholders equity total | -6.73 | -17.09 | -44.41 | 10.00 |
| Balance sheet total (assets) | 56.27 | 91.00 | 102.46 | 46.42 |
| Net debt | 34.56 | 34.24 | 86.58 | 20.85 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -94.1 % | -13.6 % | -25.4 % | -52.3 % |
| ROE | -83.0 % | -14.1 % | -28.2 % | -74.1 % |
| ROI | -94.1 % | -13.6 % | -26.0 % | -55.5 % |
| Economic value added (EVA) | -46.24 | -11.87 | -30.10 | -44.68 |
| Solvency | ||||
| Equity ratio | -10.7 % | -15.8 % | -30.2 % | 21.5 % |
| Gearing | -936.7 % | -632.5 % | -318.4 % | 309.2 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.8 | 0.7 | 1.3 | |
| Current ratio | 0.8 | 0.7 | 1.3 | |
| Cash and cash equivalents | 28.45 | 73.85 | 54.79 | 10.07 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BBB | BBB | BBB |
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