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SPIES A/S — Credit Rating and Financial Key Figures

CVR number: 24137414
Kay Fiskers Plads 11, 2300 København S
tel: 33488300
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Credit rating

Company information

Official name
SPIES A/S
Personnel
59 persons
Established
1965
Company form
Limited company
Industry

About SPIES A/S

SPIES A/S (CVR number: 24137414) is a company from KØBENHAVN. The company reported a net sales of 2067.5 mDKK in 2025, demonstrating a growth of 4.2 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 24.5 mDKK), while net earnings were 18.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 32.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.6 %, 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. SPIES A/S's liquidity measured by quick ratio was 7.3 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales618.511 733.761 858.991 984.032 067.54
Gross profit618.511 733.761 858.9979.2665.62
EBIT-47.7248.3013.3037.4124.51
Net earnings-46.2242.19-8.3118.0418.89
Shareholders equity total27.1869.3631.0549.0967.98
Balance sheet total (assets)435.32499.80423.92519.29541.63
Net debt-86.16-41.91
Profitability
EBIT-%-7.7 %2.8 %0.7 %1.9 %1.2 %
ROA-15.3 %10.3 %2.9 %12.2 %15.4 %
ROE93.0 %87.4 %-16.6 %45.0 %32.3 %
ROI-15.3 %10.3 %2.9 %20.1 %58.5 %
Economic value added (EVA)-41.3546.939.8224.9911.72
Solvency
Equity ratio100.0 %100.0 %100.0 %30.8 %47.6 %
Gearing202.8 %90.9 %
Relative net indebtedness %14.3 %17.9 %
Liquidity
Quick ratio4.77.3
Current ratio1.11.1
Cash and cash equivalents185.70103.70
Capital use efficiency
Trade debtors turnover (days)7.77.2
Net working capital %2.4 %3.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:47.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
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