SPAABÆK EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 31583179
Lærkevænget 4, Korup 5210 Odense NV

Credit rating

Company information

Official name
SPAABÆK EJENDOMME ApS
Established
2008
Domicile
Korup
Company form
Private limited company
Industry

About SPAABÆK EJENDOMME ApS

SPAABÆK EJENDOMME ApS (CVR number: 31583179) is a company from ODENSE. The company recorded a gross profit of 9.8 kDKK in 2023. The operating profit was -7.2 kDKK, while net earnings were -18.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SPAABÆK EJENDOMME 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
2019
2020
2021
2022
2023
Volume
Net sales96.00
Gross profit66.7963.5314.1461.239.78
EBIT49.7946.53-2.8644.23-7.22
Net earnings18.6517.22-19.8018.92-18.90
Shareholders equity total931.44948.66928.86947.78928.88
Balance sheet total (assets)1 633.391 632.831 562.491 565.461 512.97
Net debt152.24121.98147.6794.60101.55
Profitability
EBIT-%51.9 %
ROA3.0 %2.8 %-0.2 %2.8 %-0.5 %
ROE2.0 %1.8 %-2.1 %2.0 %-2.0 %
ROI3.2 %3.0 %-0.2 %2.9 %-0.5 %
Economic value added (EVA)-15.15-16.95-54.77-18.22-56.56
Solvency
Equity ratio57.0 %58.1 %59.4 %60.5 %61.4 %
Gearing31.1 %28.1 %26.0 %22.6 %20.0 %
Relative net indebtedness %245.2 %
Liquidity
Quick ratio1.31.32.52.21.5
Current ratio1.31.32.52.21.5
Cash and cash equivalents137.39144.2393.47119.6883.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %32.1 %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-0.47%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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