Spitfire Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 37441678
Ulrikkenborg Alle 61, 2800 Kgs. Lyngby

Company information

Official name
Spitfire Ejendomme ApS
Established
2016
Company form
Private limited company
Industry

About Spitfire Ejendomme ApS

Spitfire Ejendomme ApS (CVR number: 37441678) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1547.6 kDKK in 2023. The operating profit was 1747.6 kDKK, while net earnings were 323.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27 %, 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. Spitfire Ejendomme ApS's liquidity measured by quick ratio was 0.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 216.303 990.491 467.13-1 710.741 547.62
EBIT5 479.776 802.041 642.35-4 610.741 747.62
Net earnings1 822.412 218.85518.04-1 982.71323.36
Shareholders equity total8 354.4510 573.3011 091.349 108.639 431.99
Balance sheet total (assets)34 093.2337 952.1337 470.6334 464.2934 872.22
Net debt22 447.5723 723.6023 865.9923 437.9823 344.11
Profitability
EBIT-%
ROA18.4 %18.9 %4.4 %-12.8 %5.1 %
ROE29.5 %23.4 %4.8 %-19.6 %3.5 %
ROI18.7 %19.1 %4.4 %-12.9 %5.2 %
Economic value added (EVA)3 255.663 966.03- 398.07-5 332.53- 252.73
Solvency
Equity ratio24.5 %27.9 %29.6 %26.4 %27.0 %
Gearing286.6 %236.2 %217.3 %260.4 %248.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.90.90.70.9
Current ratio0.30.90.90.70.9
Cash and cash equivalents1 492.351 252.13238.11283.44128.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBBAA

Variable visualization

ROA:5.08%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.0%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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