Spivi Scandinavia Holding A/S — Credit Rating and Financial Key Figures

CVR number: 37419303
Korsgade 1, 7700 Thisted
thomas@spivi.no

Company information

Official name
Spivi Scandinavia Holding A/S
Personnel
4 persons
Established
2016
Company form
Limited company
Industry

About Spivi Scandinavia Holding A/S

Spivi Scandinavia Holding A/S (CVR number: 37419303) is a company from THISTED. The company recorded a gross profit of 6596 kDKK in 2023. The operating profit was 2331.8 kDKK, while net earnings were 6790.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Spivi Scandinavia Holding A/S'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 sales
Gross profit2 206.682 990.795 143.716 596.05
EBIT1 666.221 450.323 328.382 331.81
Net earnings7 424.581 839.705 620.096 790.79
Shareholders equity total9 626.5411 441.8314 872.5321 610.77
Balance sheet total (assets)22 605.6924 790.4936 556.9948 027.72
Net debt11 263.5211 968.9919 638.9422 836.54
Profitability
EBIT-%
ROA47.0 %13.1 %25.3 %16.0 %
ROE100.0 %17.5 %42.7 %31.4 %
ROI49.2 %13.7 %26.6 %17.0 %
Economic value added (EVA)1 408.501 527.432 812.06555.642 377.65
Solvency
Equity ratio42.6 %46.2 %40.7 %45.0 %
Gearing123.8 %104.7 %132.1 %106.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.21.5
Current ratio0.91.11.21.5
Cash and cash equivalents651.195.860.24207.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.0%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.0%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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