SPITZER ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 27627005
Leopardvej 14, 7700 Thisted
tel: 96184422

Credit rating

Company information

Official name
SPITZER ENGINEERING ApS
Established
2004
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About SPITZER ENGINEERING ApS

SPITZER ENGINEERING ApS (CVR number: 27627005) is a company from THISTED. The company recorded a gross profit of 298.3 kDKK in 2023. The operating profit was 298.3 kDKK, while net earnings were 220.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 33.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. SPITZER ENGINEERING ApS's liquidity measured by quick ratio was 4.4 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
20192020202120222023
Volume
Net sales
Gross profit120.74506.80- 123.91275.55298.34
EBIT120.74506.80- 123.91275.55298.34
Net earnings96.30396.18-99.39214.21220.38
Shareholders equity total170.97567.16337.76551.97772.35
Balance sheet total (assets)549.321 123.99550.792 026.351 070.56
Net debt40.1519.51104.47- 221.07- 608.76
Profitability
EBIT-%
ROA32.5 %61.3 %-13.6 %21.9 %19.4 %
ROE78.4 %107.3 %-22.0 %48.2 %33.3 %
ROI44.2 %92.1 %-17.3 %43.2 %34.3 %
Economic value added (EVA)90.82390.62- 122.75198.24223.10
Solvency
Equity ratio31.1 %50.5 %61.3 %31.6 %72.1 %
Gearing72.9 %16.7 %32.6 %26.9 %20.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.54.81.84.4
Current ratio1.72.54.81.44.4
Cash and cash equivalents84.5474.945.71369.34768.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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