SPINOFF ApS — Credit Rating and Financial Key Figures

CVR number: 35397604
Stengade 51 B, 3000 Helsingør
tmh@spinoff.nu
tel: 70207151

Credit rating

Company information

Official name
SPINOFF ApS
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry

About SPINOFF ApS

SPINOFF ApS (CVR number: 35397604) is a company from HELSINGØR. The company recorded a gross profit of 1256.7 kDKK in 2024. The operating profit was 556.2 kDKK, while net earnings were 430.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. SPINOFF ApS's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit606.151 608.121 572.041 402.151 256.67
EBIT18.18954.61912.49671.89556.23
Net earnings10.74741.48703.91506.79430.43
Shareholders equity total1 158.451 899.942 603.853 110.63741.06
Balance sheet total (assets)1 358.722 406.183 251.693 638.582 925.64
Net debt- 651.68-1 045.39-1 885.67-2 539.61- 308.29
Profitability
EBIT-%
ROA1.3 %50.7 %32.3 %19.5 %17.0 %
ROE0.9 %48.5 %31.3 %17.7 %22.3 %
ROI1.6 %60.9 %38.8 %22.4 %19.2 %
Economic value added (EVA)-15.57719.98671.22492.19412.05
Solvency
Equity ratio85.3 %79.0 %80.1 %85.5 %25.3 %
Gearing2.5 %3.2 %4.5 %241.1 %
Relative net indebtedness %
Liquidity
Quick ratio6.95.96.49.41.3
Current ratio6.95.96.49.41.3
Cash and cash equivalents651.681 093.511 968.972 678.922 095.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.3%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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