Sport Scandinavia A/S — Credit Rating and Financial Key Figures

CVR number: 36685867
Niels Bohrs Vej 2, 9900 Frederikshavn
lars@spsca.dk
tel: 70126126
Free credit report Annual report

Credit rating

Company information

Official name
Sport Scandinavia A/S
Personnel
23 persons
Established
2015
Company form
Limited company
Industry

About Sport Scandinavia A/S

Sport Scandinavia A/S (CVR number: 36685867) is a company from FREDERIKSHAVN. The company recorded a gross profit of 5476.2 kDKK in 2024. The operating profit was -2816.4 kDKK, while net earnings were -5920 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -97.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 9 %, 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. Sport Scandinavia A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit8 036.0017 329.0010 941.006 651.005 476.16
EBIT2 320.009 872.002 415.00-2 229.00-2 816.41
Net earnings1 608.007 506.001 176.00-4 152.00-5 920.04
Shareholders equity total2 476.0010 405.0011 216.007 063.005 043.00
Balance sheet total (assets)24 111.0053 391.0085 509.0054 802.0056 161.82
Net debt9 901.0024 981.0051 255.0040 024.0042 547.63
Profitability
EBIT-%
ROA10.6 %25.7 %4.5 %-2.9 %-5.1 %
ROE92.5 %116.5 %10.9 %-45.4 %-97.8 %
ROI15.6 %38.3 %6.2 %-3.7 %-5.9 %
Economic value added (EVA)1 062.056 966.18278.52-4 924.74-4 584.44
Solvency
Equity ratio10.3 %19.6 %13.1 %12.9 %9.0 %
Gearing481.6 %247.3 %464.1 %571.4 %849.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.40.30.3
Current ratio1.11.21.11.11.1
Cash and cash equivalents2 024.00751.00802.00336.00275.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-5.08%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.98%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chief executive officer

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