Spice up ApS — Credit Rating and Financial Key Figures

CVR number: 40478272
Tingvej 5, Kielstrup 9500 Hobro
info@spice-up.dk

Credit rating

Company information

Official name
Spice up ApS
Established
2019
Domicile
Kielstrup
Company form
Private limited company
Industry

About Spice up ApS

Spice up ApS (CVR number: 40478272) is a company from MARIAGERFJORD. The company recorded a gross profit of 289.2 kDKK in 2024. The operating profit was 282.4 kDKK, while net earnings were 211.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.3 %, which can be considered excellent and Return on Equity (ROE) was 28.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Spice up ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit183.93419.77149.76167.51289.23
EBIT182.28415.60145.59163.05282.38
Net earnings138.67310.67108.17123.37211.39
Shareholders equity total144.08454.75562.92646.29857.68
Balance sheet total (assets)361.02748.42626.35756.991 046.37
Net debt125.17- 268.35- 219.25-51.19- 273.59
Profitability
EBIT-%
ROA69.3 %74.9 %21.2 %23.6 %31.3 %
ROE185.5 %103.8 %21.3 %20.4 %28.1 %
ROI78.6 %100.7 %26.8 %26.9 %37.3 %
Economic value added (EVA)139.77307.38105.80108.57187.76
Solvency
Equity ratio39.9 %60.8 %89.9 %85.4 %82.0 %
Gearing109.3 %15.1 %0.7 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.13.50.51.5
Current ratio0.21.13.50.51.5
Cash and cash equivalents32.27337.16219.2555.74278.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:31.3%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.0%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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