Spartan Software ApS — Credit Rating and Financial Key Figures

Spartan Software ApS (CVR number: 39629054) is a company from FREDERICIA. The company reported a net sales of 1.3 mDKK in 2023. The operating profit percentage was at 17.4 % (EBIT: 0.2 mDKK), while net earnings were 189.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.8 %, which can be considered excellent and Return on Equity (ROE) was 161.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.5 %, 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. Spartan Software ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.