Spinco Solutions Aps — Credit Rating and Financial Key Figures

CVR number: 39519690
Hostrupsvej 9, 7100 Vejle

Company information

Official name
Spinco Solutions Aps
Established
2018
Company form
Private limited company
Industry

About Spinco Solutions Aps

Spinco Solutions Aps (CVR number: 39519690) is a company from VEJLE. The company recorded a gross profit of 131.1 kDKK in 2023. The operating profit was 131.1 kDKK, while net earnings were 111.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.6 %, which can be considered excellent and Return on Equity (ROE) was 45.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Spinco Solutions 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales38.48
Gross profit-12.6676.60193.74-42.06131.07
EBIT-12.6676.60175.90-42.06131.07
Net earnings-12.6675.49173.98-76.81111.10
Shareholders equity total-9.6699.03265.01178.13308.67
Balance sheet total (assets)3.00118.20376.95226.12420.32
Net debt9.66-74.37- 177.14- 160.04- 179.10
Profitability
EBIT-%-32.9 %
ROA-100.0 %117.1 %71.0 %-13.9 %40.6 %
ROE-422.1 %148.0 %95.6 %-34.7 %45.6 %
ROI-100.0 %137.2 %96.6 %-19.0 %53.9 %
Economic value added (EVA)-12.6677.24175.69-31.71121.44
Solvency
Equity ratio-76.3 %83.8 %70.3 %78.8 %73.4 %
Gearing-131.0 %
Relative net indebtedness %25.1 %
Liquidity
Quick ratio0.26.23.44.73.8
Current ratio0.26.23.44.73.8
Cash and cash equivalents3.0074.37177.14160.04179.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-25.1 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:40.6%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.4%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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