Spring Estate A/S — Credit Rating and Financial Key Figures

CVR number: 37230065
Toldbodgade 10, 6000 Kolding
info@spring-estate.dk
tel: 52390007
www.spring-estate.dk

Company information

Official name
Spring Estate A/S
Established
2015
Company form
Limited company
Industry

About Spring Estate A/S

Spring Estate A/S (CVR number: 37230065) is a company from KOLDING. The company recorded a gross profit of -385.9 kDKK in 2024. The operating profit was -385.9 kDKK, while net earnings were 1430.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Spring Estate A/S's liquidity measured by quick ratio was 0.6 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 profit- 125.56-93.562 517.54- 278.42- 385.87
EBIT- 125.56-93.562 517.54- 278.42- 385.87
Net earnings5 292.5911 930.398 567.491 640.641 430.57
Shareholders equity total105 186.80117 117.19125 684.68127 325.32128 755.89
Balance sheet total (assets)168 870.12205 419.69230 713.32268 787.48257 127.40
Net debt62 414.4986 735.67103 840.40114 002.08111 152.47
Profitability
EBIT-%
ROA4.1 %7.9 %5.2 %2.9 %3.6 %
ROE5.2 %10.7 %7.1 %1.3 %1.1 %
ROI4.1 %7.9 %5.2 %2.9 %3.6 %
Economic value added (EVA)6 558.367 013.739 681.018 567.8210 173.84
Solvency
Equity ratio80.1 %71.6 %67.5 %58.5 %61.7 %
Gearing60.5 %75.3 %83.5 %111.0 %99.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.70.60.70.6
Current ratio0.40.70.60.70.6
Cash and cash equivalents1 182.821 476.251 093.4727 337.6917 167.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.56%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.7%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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