Spaantec ApS — Credit Rating and Financial Key Figures

CVR number: 26110335
Langgade 18 B, Espe 5750 Ringe
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Credit rating

Company information

Official name
Spaantec ApS
Personnel
10 persons
Established
2001
Domicile
Espe
Company form
Private limited company
Industry

About Spaantec ApS

Spaantec ApS (CVR number: 26110335) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 3719 kDKK in 2024. The operating profit was -347.9 kDKK, while net earnings were -352.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -26.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Spaantec ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 618.905 424.215 753.855 026.893 719.03
EBIT- 690.25619.98865.64492.50- 347.91
Net earnings- 882.84172.41399.80115.49- 352.21
Shareholders equity total820.86993.271 393.071 508.561 156.35
Balance sheet total (assets)10 337.919 168.226 712.266 529.665 885.71
Net debt6 491.985 001.883 249.223 329.073 419.67
Profitability
EBIT-%
ROA-6.0 %6.6 %11.2 %7.6 %-2.5 %
ROE-69.9 %19.0 %33.5 %8.0 %-26.4 %
ROI-6.6 %7.9 %14.0 %9.2 %-3.0 %
Economic value added (EVA)-1 085.6724.76311.83102.40- 540.82
Solvency
Equity ratio7.9 %10.8 %20.8 %23.1 %19.6 %
Gearing791.1 %503.9 %233.4 %220.8 %296.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.40.40.5
Current ratio0.40.50.60.71.0
Cash and cash equivalents1.572.742.192.192.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-2.51%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.6%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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