SPRING Production A/S — Credit Rating and Financial Key Figures

CVR number: 12545983
Studsgade 29, 8000 Aarhus C

Credit rating

Company information

Official name
SPRING Production A/S
Personnel
27 persons
Established
1988
Company form
Limited company
Industry

About SPRING Production A/S

SPRING Production A/S (CVR number: 12545983) is a company from AARHUS. The company recorded a gross profit of 48.5 mDKK in 2023. The operating profit was 27.9 mDKK, while net earnings were 24.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.1 %, which can be considered excellent and Return on Equity (ROE) was 41.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SPRING Production A/S's liquidity measured by quick ratio was 3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit46 511.4248 481.37
EBIT12 586.0028 275.0035 165.0026 057.7627 946.13
Net earnings9 613.0024 892.0032 913.0023 919.8724 445.31
Shareholders equity total41 223.0065 386.0054 590.0047 707.3571 090.63
Balance sheet total (assets)67 523.0093 894.0086 975.0091 711.93104 247.29
Net debt25 188.8814 998.40
Profitability
EBIT-%
ROA22.3 %35.0 %38.9 %34.3 %32.1 %
ROE26.4 %46.7 %54.9 %46.8 %41.2 %
ROI24.7 %35.0 %38.9 %37.7 %38.8 %
Economic value added (EVA)11 277.9726 203.5431 879.3517 644.1719 987.18
Solvency
Equity ratio100.0 %100.0 %100.0 %54.5 %70.6 %
Gearing56.9 %21.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.03.0
Current ratio1.82.7
Cash and cash equivalents1 940.39129.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAAAAA

Variable visualization

ROA:32.1%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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