SPIRALIN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPIRALIN A/S
SPIRALIN A/S (CVR number: 13943036) is a company from GREVE. The company recorded a gross profit of 1208.5 kDKK in 2023. The operating profit was -110.6 kDKK, while net earnings were -130 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -39.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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. SPIRALIN A/S's liquidity measured by quick ratio was 5.9 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 | 1 623.60 | 1 421.89 | 1 726.77 | 1 333.91 | 1 208.52 |
EBIT | 126.20 | -73.19 | 217.04 | -10.03 | - 110.63 |
Net earnings | 102.38 | -98.00 | 170.55 | -26.09 | - 129.97 |
Shareholders equity total | 348.93 | 250.92 | 421.47 | 395.38 | 265.41 |
Balance sheet total (assets) | 1 376.40 | 1 188.31 | 1 407.17 | 1 337.32 | 1 082.84 |
Net debt | - 758.16 | - 662.74 | - 806.92 | - 624.85 | - 877.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.5 % | -5.7 % | 16.7 % | -0.7 % | -9.1 % |
ROE | 34.4 % | -32.7 % | 50.7 % | -6.4 % | -39.3 % |
ROI | 13.1 % | -7.7 % | 32.5 % | -2.4 % | -33.5 % |
Economic value added (EVA) | 159.42 | -52.10 | 214.86 | 11.23 | -99.10 |
Solvency | |||||
Equity ratio | 25.4 % | 21.1 % | 30.0 % | 29.6 % | 24.5 % |
Gearing | 3.0 % | 0.1 % | 1.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 3.7 | 3.9 | 4.3 | 5.9 |
Current ratio | 3.5 | 3.8 | 4.0 | 4.4 | 6.1 |
Cash and cash equivalents | 768.61 | 663.00 | 813.03 | 624.85 | 877.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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