SPACE COPENHAGEN PROJECTS ApS — Credit Rating and Financial Key Figures

CVR number: 25708393
Store Kongensgade 40 G, 1264 København K
pb@spacecph.dk
tel: 35248484

Credit rating

Company information

Official name
SPACE COPENHAGEN PROJECTS ApS
Personnel
15 persons
Established
2013
Company form
Private limited company
Industry

About SPACE COPENHAGEN PROJECTS ApS

SPACE COPENHAGEN PROJECTS ApS (CVR number: 25708393) is a company from KØBENHAVN. The company recorded a gross profit of 9087.8 kDKK in 2024. The operating profit was -1239.9 kDKK, while net earnings were -1456.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.7 %, which can be considered poor and Return on Equity (ROE) was -69.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SPACE COPENHAGEN PROJECTS ApS's liquidity measured by quick ratio was 1.3 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 profit5 949.756 390.056 849.029 541.209 087.84
EBIT-2 059.41728.60526.161 854.53-1 239.94
Net earnings-2 432.14672.00536.061 564.41-1 456.42
Shareholders equity total443.311 115.311 651.373 215.77959.36
Balance sheet total (assets)3 478.114 590.253 748.815 536.195 892.83
Net debt- 469.61-1 474.67- 363.02-1 412.72-1 633.49
Profitability
EBIT-%
ROA-41.9 %18.1 %13.8 %39.9 %-21.7 %
ROE-146.6 %86.2 %38.8 %64.3 %-69.8 %
ROI-100.4 %49.7 %30.6 %74.3 %-57.8 %
Economic value added (EVA)-2 191.49706.26466.671 560.87-1 401.53
Solvency
Equity ratio12.7 %24.3 %44.1 %58.1 %16.3 %
Gearing0.6 %6.3 %3.6 %2.1 %4.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.52.02.81.3
Current ratio1.01.52.02.81.3
Cash and cash equivalents472.151 544.49422.771 480.481 679.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-21.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.3%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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