SparD Ejendomme A/S — Credit Rating and Financial Key Figures

SparD Ejendomme A/S (CVR number: 29599785) is a company from HJØRRING. The company reported a net sales of 3.8 mDKK in 2022, demonstrating a decline of -10 % compared to the previous year. The operating profit percentage was at 104.8 % (EBIT: 4 mDKK), while net earnings were 5626 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent and Return on Equity (ROE) was 37.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. SparD Ejendomme A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.