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Spring Family ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Spring Family ApS
Spring Family ApS (CVR number: 36734035K) is a company from AARHUS. The company reported a net sales of 293 mDKK in 2024, demonstrating a decline of -1.7 % compared to the previous year. The operating profit percentage was at 7.8 % (EBIT: 22.7 mDKK), while net earnings were 16.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 49.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.9 %, 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. Spring Family ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 188.82 | 233.62 | 279.38 | 298.24 | 293.03 |
| Gross profit | 188.82 | 233.62 | 206.89 | 198.67 | 207.81 |
| EBIT | 23.60 | 30.05 | 24.18 | 17.41 | 22.72 |
| Net earnings | 16.54 | 22.50 | 17.03 | 11.42 | 16.68 |
| Shareholders equity total | 26.21 | 24.75 | 28.41 | 28.81 | 38.24 |
| Balance sheet total (assets) | 79.98 | 93.56 | 112.17 | 113.67 | 106.03 |
| Net debt | 19.29 | 21.21 | 13.77 | ||
| Profitability | |||||
| EBIT-% | 12.5 % | 12.9 % | 8.7 % | 5.8 % | 7.8 % |
| ROA | 32.3 % | 34.6 % | 24.9 % | 17.4 % | 22.7 % |
| ROE | 77.4 % | 88.3 % | 64.1 % | 39.9 % | 49.8 % |
| ROI | 32.3 % | 34.6 % | 34.4 % | 34.4 % | 43.1 % |
| Economic value added (EVA) | 22.77 | 28.73 | 17.01 | 9.22 | 13.86 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 28.2 % | 28.7 % | 41.9 % |
| Gearing | 82.3 % | 95.7 % | 47.1 % | ||
| Relative net indebtedness % | 27.3 % | 25.3 % | 21.7 % | ||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.4 | 1.5 | ||
| Current ratio | 1.3 | 1.3 | 1.4 | ||
| Cash and cash equivalents | 4.10 | 6.36 | 4.26 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 79.9 | 88.3 | 81.0 | ||
| Net working capital % | 8.2 % | 7.8 % | 8.4 % | ||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | AA |
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