SPAR-VADUM A/S — Credit Rating and Financial Key Figures

CVR number: 29838704
Ellehammersvej 54, 9430 Vadum

Credit rating

Company information

Official name
SPAR-VADUM A/S
Personnel
39 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About SPAR-VADUM A/S

SPAR-VADUM A/S (CVR number: 29838704) is a company from AALBORG. The company recorded a gross profit of 4502.2 kDKK in 2023. The operating profit was 502.7 kDKK, while net earnings were 104.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 7.9 %, 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. SPAR-VADUM A/S's liquidity measured by quick ratio was 0.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 816.224 314.894 943.564 502.304 502.23
EBIT522.031 068.691 132.15539.58502.67
Net earnings215.65874.12651.38- 118.31104.20
Shareholders equity total- 307.54566.581 217.96949.651 053.85
Balance sheet total (assets)11 444.8014 024.1813 981.2912 962.5113 348.06
Net debt9 570.7910 850.139 821.649 670.279 324.37
Profitability
EBIT-%
ROA4.4 %8.3 %8.1 %4.0 %3.8 %
ROE1.9 %14.6 %73.0 %-10.9 %10.4 %
ROI5.3 %10.1 %9.8 %4.8 %4.7 %
Economic value added (EVA)138.401 124.75771.78-73.44-38.56
Solvency
Equity ratio-2.6 %4.0 %8.7 %7.3 %7.9 %
Gearing-3125.8 %1955.5 %846.3 %1045.1 %915.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.30.20.2
Current ratio0.50.60.70.50.5
Cash and cash equivalents42.46229.57485.60254.82322.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:3.83%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.90%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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