SPS GEAR EUROPE ApS — Credit Rating and Financial Key Figures

SPS GEAR EUROPE ApS (CVR number: 34490449) is a company from ODENSE. The company recorded a gross profit of -7.6 kDKK in 2017. The operating profit was -9.3 kDKK, while net earnings were -3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SPS GEAR EUROPE ApS's liquidity measured by quick ratio was 13.9 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.