Spring Copenhagen ApS — Credit Rating and Financial Key Figures

CVR number: 37156736
Esplanaden 12, 1263 København K

Company information

Official name
Spring Copenhagen ApS
Personnel
15 persons
Established
2015
Company form
Private limited company
Industry

About Spring Copenhagen ApS

Spring Copenhagen ApS (CVR number: 37156736) is a company from KØBENHAVN. The company recorded a gross profit of 19 mDKK in 2024. The operating profit was 7094.2 kDKK, while net earnings were 3556.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Spring Copenhagen ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit11 944.0015 070.0012 143.0017 391.6118 962.76
EBIT7 967.008 138.003 145.006 806.957 094.18
Net earnings5 957.006 034.001 912.004 197.643 556.13
Shareholders equity total13 731.0018 153.0016 544.0021 585.9625 142.09
Balance sheet total (assets)28 513.0036 814.0047 281.0054 682.6755 861.24
Net debt- 791.001 150.0015 874.0020 170.4824 186.85
Profitability
EBIT-%
ROA37.7 %24.9 %7.5 %13.4 %12.9 %
ROE55.4 %37.8 %11.0 %22.0 %15.2 %
ROI55.3 %42.7 %11.5 %17.8 %15.2 %
Economic value added (EVA)5 626.595 465.741 391.733 616.783 124.76
Solvency
Equity ratio48.2 %49.3 %35.0 %39.5 %50.5 %
Gearing25.2 %14.0 %102.9 %99.3 %100.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.20.60.71.0
Current ratio2.32.21.61.72.7
Cash and cash equivalents4 246.001 385.001 155.001 264.991 107.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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