Spring Copenhagen ApS — Credit Rating and Financial Key Figures

Spring Copenhagen ApS (CVR number: 37156736) is a company from KØBENHAVN. The company recorded a gross profit of 17.4 mDKK in 2023. The operating profit was 6807 kDKK, while net earnings were 4197.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. Spring Copenhagen ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.