SPRING ROAD ApS — Credit Rating and Financial Key Figures

CVR number: 27963307
Sundkaj 91, 2150 Nordhavn

Company information

Official name
SPRING ROAD ApS
Established
2005
Company form
Private limited company
Industry

About SPRING ROAD ApS

SPRING ROAD ApS (CVR number: 27963307) is a company from KØBENHAVN. The company recorded a gross profit of -68.3 kDKK in 2023. The operating profit was -68.3 kDKK, while net earnings were 14.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 35.9 %, which can be considered excellent and Return on Equity (ROE) was 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SPRING ROAD ApS's liquidity measured by quick ratio was 3144.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 110.73-48.78-61.17- 127.51-68.27
EBIT- 110.73-48.78-61.17- 127.51-68.27
Net earnings7 396.522 696.896 792.7918 037.6614 731.45
Shareholders equity total35 111.0635 307.9442 100.7452 500.3961 975.63
Balance sheet total (assets)35 133.8236 214.7943 941.9152 525.0661 994.03
Net debt-29 241.94-29 126.10-35 887.33-43 850.69-56 696.04
Profitability
EBIT-%
ROA30.5 %11.1 %21.3 %43.4 %35.9 %
ROE30.5 %7.7 %17.6 %38.1 %25.7 %
ROI30.5 %11.2 %22.1 %44.2 %27.5 %
Economic value added (EVA)- 285.71- 306.46- 345.08- 401.56- 477.17
Solvency
Equity ratio99.9 %97.5 %95.8 %100.0 %100.0 %
Gearing0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1 382.834.620.51 870.93 144.7
Current ratio1 382.834.620.51 870.93 144.7
Cash and cash equivalents29 258.2129 142.3735 903.6043 866.9556 696.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:35.9%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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