SPINAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPINAL ApS
SPINAL ApS (CVR number: 26793947) is a company from KØBENHAVN. The company recorded a gross profit of -219.7 kDKK in 2023. The operating profit was -219.7 kDKK, while net earnings were -846.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent but Return on Equity (ROE) was -115.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.9 %, 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. SPINAL ApS's liquidity measured by quick ratio was 0.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -69.67 | - 130.84 | - 555.59 | - 156.21 | - 219.74 |
EBIT | - 669.67 | - 130.84 | - 555.59 | - 156.21 | - 219.74 |
Net earnings | - 225.84 | 9 901.75 | -4 279.94 | -3 778.37 | - 846.10 |
Shareholders equity total | - 286.51 | 9 615.25 | 4 935.30 | 1 156.93 | 310.83 |
Balance sheet total (assets) | 3 020.27 | 19 375.12 | 11 537.07 | 2 112.67 | 894.92 |
Net debt | -2 126.45 | -19 231.31 | -11 345.89 | -1 015.09 | - 121.88 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.0 % | 158.0 % | 18.7 % | 86.7 % | 23.1 % |
ROE | -8.2 % | 156.7 % | -58.8 % | -124.0 % | -115.3 % |
ROI | -201.0 % | 223.0 % | 24.1 % | 125.4 % | 37.0 % |
Economic value added (EVA) | - 587.05 | -8.19 | -68.93 | 169.27 | - 192.91 |
Solvency | |||||
Equity ratio | -542.6 % | 59.6 % | 61.1 % | 74.0 % | 46.9 % |
Gearing | -1.0 % | 0.5 % | 0.5 % | 30.6 % | 18.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 56.7 | 206.4 | 64.3 | 3.4 | 0.5 |
Current ratio | 0.9 | 5.8 | 3.2 | 1.4 | 0.3 |
Cash and cash equivalents | 2 129.25 | 19 275.07 | 11 370.69 | 1 368.80 | 178.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
Variable visualization
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