SPITZE & CO A/S — Credit Rating and Financial Key Figures

CVR number: 33572042
Nannasgade 28, 2200 København N
kontakt@spitzeco.dk
tel: 22619109
https://www.spitzeco.dk

Credit rating

Company information

Official name
SPITZE & CO A/S
Personnel
8 persons
Established
2011
Company form
Limited company
Industry
  • Expand more icon622000

About SPITZE & CO A/S

SPITZE & CO A/S (CVR number: 33572042) is a company from KØBENHAVN. The company recorded a gross profit of 6684.3 kDKK in 2023. The operating profit was 2676.9 kDKK, while net earnings were 1377.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.2 %, which can be considered excellent and Return on Equity (ROE) was 72 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.2 %, 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. SPITZE & CO A/S's liquidity measured by quick ratio was 2.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 904.836 284.643 620.504 211.426 684.29
EBIT449.84245.61-2 075.7574.122 676.87
Net earnings175.63362.37-1 968.76148.301 377.32
Shareholders equity total2 792.253 154.631 074.761 223.062 600.38
Balance sheet total (assets)5 611.405 978.723 504.553 111.286 381.20
Net debt-2 566.44-2 407.84- 274.52- 570.64-3 180.72
Profitability
EBIT-%
ROA5.6 %7.5 %-42.4 %5.0 %40.2 %
ROE6.3 %12.2 %-93.1 %12.9 %72.0 %
ROI9.7 %12.3 %-79.8 %12.8 %96.1 %
Economic value added (EVA)378.48276.32-1 912.24138.832 224.88
Solvency
Equity ratio49.8 %52.8 %33.6 %39.3 %50.2 %
Gearing3.1 %18.5 %8.2 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.91.21.02.4
Current ratio1.71.91.01.01.7
Cash and cash equivalents2 566.442 507.04473.72670.643 230.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:40.2%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.2%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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