SPANGE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26640210
Høstvej 7, 2800 Kgs.Lyngby

Company information

Official name
SPANGE HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About SPANGE HOLDING ApS

SPANGE HOLDING ApS (CVR number: 26640210) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 92.2 kDKK in 2023. The operating profit was 67 kDKK, while net earnings were 1177.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SPANGE HOLDING ApS's liquidity measured by quick ratio was 41.6 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 profit191.08181.1565.2734.7792.23
EBIT165.85155.9240.049.5467.00
Net earnings1 396.74913.681 089.38556.681 177.69
Shareholders equity total5 360.076 163.147 139.537 581.818 444.49
Balance sheet total (assets)6 677.977 359.898 283.488 276.679 130.67
Net debt-1 043.85-1 600.18-2 156.57-1 937.72-2 436.82
Profitability
EBIT-%
ROA24.3 %14.7 %16.1 %10.2 %15.6 %
ROE29.6 %15.9 %16.4 %7.6 %14.7 %
ROI26.4 %15.8 %17.1 %10.5 %15.7 %
Economic value added (EVA)105.1879.39-66.21- 114.40-85.78
Solvency
Equity ratio80.3 %83.7 %86.2 %91.6 %92.5 %
Gearing14.1 %10.3 %8.4 %7.3 %6.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.36.17.930.541.6
Current ratio3.36.17.930.541.6
Cash and cash equivalents1 797.292 237.972 753.862 494.592 993.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:15.6%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.5%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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