SPIES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPIES A/S
SPIES A/S (CVR number: 24137414) is a company from KØBENHAVN. The company reported a net sales of 1984 mDKK in 2024, demonstrating a growth of 6.7 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 37.4 mDKK), while net earnings were 18 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 45 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SPIES A/S's liquidity measured by quick ratio was 4.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 661.13 | 618.51 | 1 733.76 | 1 858.99 | 1 984.03 |
Gross profit | 661.13 | 618.51 | 1 733.76 | 53.75 | 79.26 |
EBIT | -53.64 | -47.72 | 48.30 | 13.30 | 37.41 |
Net earnings | -49.13 | -46.22 | 42.19 | -8.31 | 18.04 |
Shareholders equity total | - 126.60 | 27.18 | 69.36 | 31.05 | 49.09 |
Balance sheet total (assets) | 62.02 | 435.32 | 499.80 | 423.92 | 519.29 |
Net debt | -84.55 | -86.16 | |||
Profitability | |||||
EBIT-% | -8.1 % | -7.7 % | 2.8 % | 0.7 % | 1.9 % |
ROA | -22.1 % | -15.3 % | 10.3 % | 2.9 % | 12.2 % |
ROE | -104.9 % | 93.0 % | 87.4 % | -16.6 % | 45.0 % |
ROI | -56.8 % | -15.3 % | 10.3 % | 4.6 % | 49.6 % |
Economic value added (EVA) | -44.28 | -41.35 | 46.93 | 5.96 | 31.81 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 32.5 % | 30.8 % | |
Gearing | 164.7 % | 202.8 % | |||
Relative net indebtedness % | 13.8 % | 14.3 % | |||
Liquidity | |||||
Quick ratio | 6.6 | 4.7 | |||
Current ratio | 1.1 | 1.1 | |||
Cash and cash equivalents | 135.70 | 185.70 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.8 | 7.7 | |||
Net working capital % | 1.7 % | 2.4 % | |||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | A |
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