Spares ApS — Credit Rating and Financial Key Figures

Spares ApS (CVR number: 39493063) is a company from Høje-Taastrup. The company reported a net sales of 1.6 mDKK in 2020. The operating profit percentage was at 29.8 % (EBIT: 0.5 mDKK), while net earnings were 486.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.2 %, which can be considered excellent and Return on Equity (ROE) was 121.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.6 %, 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. Spares ApS'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.