SP KØKKENDESIGN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SP KØKKENDESIGN A/S
SP KØKKENDESIGN A/S (CVR number: 26747864) is a company from GLOSTRUP. The company recorded a gross profit of 6432 kDKK in 2023. The operating profit was -216 kDKK, while net earnings were -205.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. SP KØKKENDESIGN A/S's liquidity measured by quick ratio was 3.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 158.05 | 11 651.04 | 11 490.92 | 6 957.04 | 6 432.02 |
EBIT | 567.36 | 4 556.49 | 3 246.55 | 100.11 | - 215.99 |
Net earnings | 417.51 | 3 884.04 | 2 450.71 | 37.89 | - 205.05 |
Shareholders equity total | 2 173.80 | 6 057.84 | 7 508.55 | 5 546.44 | 5 223.59 |
Balance sheet total (assets) | 7 705.68 | 11 110.50 | 16 258.76 | 8 312.36 | 8 845.55 |
Net debt | 1 078.06 | -5 231.22 | -8 013.85 | -1 427.78 | -1 609.46 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.1 % | 48.5 % | 23.8 % | 1.0 % | -2.3 % |
ROE | 21.2 % | 94.4 % | 36.1 % | 0.6 % | -3.8 % |
ROI | 13.4 % | 80.2 % | 46.4 % | 2.0 % | -3.6 % |
Economic value added (EVA) | 347.89 | 3 912.78 | 2 478.59 | 90.06 | - 425.38 |
Solvency | |||||
Equity ratio | 30.4 % | 64.3 % | 70.3 % | 87.3 % | 72.7 % |
Gearing | 118.3 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 3.3 | 4.7 | 7.9 | 3.5 |
Current ratio | 1.4 | 2.4 | 1.9 | 3.0 | 2.4 |
Cash and cash equivalents | 1 493.15 | 5 231.22 | 8 013.85 | 1 427.78 | 1 609.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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