SPARVEST FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPARVEST FINANS A/S
SPARVEST FINANS A/S (CVR number: 10152380) is a company from SKIVE. The company recorded a gross profit of -104.9 kDKK in 2024. The operating profit was -104.9 kDKK, while net earnings were 424.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SPARVEST FINANS A/S's liquidity measured by quick ratio was 247.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -35.83 | -35.62 | -52.79 | -35.54 | - 104.86 |
EBIT | -35.83 | -35.62 | -1 552.79 | -35.54 | - 104.86 |
Net earnings | 7.94 | 8.38 | -1 508.85 | 494.31 | 424.56 |
Shareholders equity total | 5 913.85 | 5 922.23 | 4 413.38 | 4 907.69 | 5 332.25 |
Balance sheet total (assets) | 5 923.85 | 5 932.23 | 4 423.38 | 4 928.81 | 5 353.86 |
Net debt | -3.64 | -8.02 | -15.23 | -26.50 | -19.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.1 % | 0.1 % | -29.1 % | 10.8 % | 8.3 % |
ROE | 0.1 % | 0.1 % | -29.2 % | 10.6 % | 8.3 % |
ROI | 0.1 % | 0.1 % | -29.2 % | 10.8 % | 8.3 % |
Economic value added (EVA) | - 330.61 | - 332.61 | -1 849.98 | - 250.49 | - 350.14 |
Solvency | |||||
Equity ratio | 99.8 % | 99.8 % | 99.8 % | 99.6 % | 99.6 % |
Gearing | 0.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 442.4 | 443.2 | 442.3 | 233.4 | 247.7 |
Current ratio | 442.4 | 443.2 | 442.3 | 233.4 | 247.7 |
Cash and cash equivalents | 3.64 | 8.02 | 15.23 | 26.50 | 29.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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