Spangenberg & Madsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Spangenberg & Madsen Holding ApS
Spangenberg & Madsen Holding ApS (CVR number: 30716396) is a company from ROSKILDE. The company recorded a gross profit of -9.9 kDKK in 2024. The operating profit was -9.9 kDKK, while net earnings were 1414.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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. Spangenberg & Madsen Holding ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -8.31 | -8.13 | -9.63 | 88.27 | -9.88 |
| EBIT | -8.31 | -8.13 | -9.63 | 88.27 | -9.88 |
| Net earnings | 2 946.53 | 1 870.20 | 1 015.02 | 4 421.03 | 1 414.73 |
| Shareholders equity total | 11 544.52 | 7 200.94 | 7 265.95 | 10 786.98 | 8 001.71 |
| Balance sheet total (assets) | 11 933.57 | 8 065.21 | 7 488.70 | 11 084.63 | 11 316.32 |
| Net debt | - 164.52 | 51.14 | 111.30 | 286.20 | 3 027.46 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 27.9 % | 19.7 % | 13.5 % | 47.9 % | 19.1 % |
| ROE | 29.3 % | 20.0 % | 14.0 % | 49.0 % | 15.1 % |
| ROI | 28.0 % | 20.5 % | 14.3 % | 48.2 % | 19.1 % |
| Economic value added (EVA) | - 465.04 | - 603.79 | - 373.91 | - 307.11 | - 563.49 |
| Solvency | |||||
| Equity ratio | 96.7 % | 89.3 % | 97.0 % | 97.3 % | 70.7 % |
| Gearing | 3.1 % | 1.3 % | 2.0 % | 2.7 % | 41.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 14.7 | 2.5 | 4.5 | 0.0 | 0.7 |
| Current ratio | 14.7 | 2.5 | 4.5 | 0.0 | 0.7 |
| Cash and cash equivalents | 520.84 | 39.96 | 31.55 | 1.12 | 276.82 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | A |
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