SPIN ApS — Credit Rating and Financial Key Figures

CVR number: 31755034
Vesterbrogade 149, 1620 København V

Company information

Official name
SPIN ApS
Established
2008
Company form
Private limited company
Industry

About SPIN ApS

SPIN ApS (CVR number: 31755034) is a company from KØBENHAVN. The company recorded a gross profit of -6 kDKK in 2023. The operating profit was -6 kDKK, while net earnings were 293.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SPIN ApS's liquidity measured by quick ratio was 2.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit1.6793.61199.92-7.20-6.02
EBIT1.6793.61199.92-7.20-6.02
Net earnings11.9087.85152.90-7.77293.48
Shareholders equity total5 849.026 304.998 173.124 529.234 680.98
Balance sheet total (assets)5 954.686 555.058 399.654 820.034 836.34
Net debt81.21157.65- 342.21- 263.80- 266.08
Profitability
EBIT-%
ROA0.2 %1.8 %2.7 %-0.1 %6.1 %
ROE0.3 %1.4 %2.1 %-0.1 %6.4 %
ROI0.2 %1.8 %2.7 %-0.1 %6.4 %
Economic value added (EVA)1.0870.35149.29-3.18-2.35
Solvency
Equity ratio98.2 %96.2 %97.3 %94.0 %96.8 %
Gearing1.4 %2.8 %0.4 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.616.51.82.8
Current ratio1.71.616.51.82.8
Cash and cash equivalents1.2417.35342.21282.29284.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:6.09%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.8%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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