Spar Thorning ApS — Credit Rating and Financial Key Figures

Spar Thorning ApS (CVR number: 40768661) is a company from SILKEBORG. The company recorded a gross profit of 3241.6 kDKK in 2025. The operating profit was 286 kDKK, while net earnings were 221.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 38.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Spar Thorning ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.