SPK Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPK Group ApS
SPK Group ApS (CVR number: 39286904) is a company from RINGSTED. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -0.1 % compared to the previous year. The operating profit percentage was poor at -0.3 % (EBIT: -0 mDKK), while net earnings were -6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SPK Group ApS's liquidity measured by quick ratio was 2.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 38.47 | 257.59 | 687.29 | 675.60 | 674.98 |
Gross profit | 10.30 | 63.85 | 113.80 | 194.97 | 196.22 |
EBIT | -29.43 | 56.95 | 70.69 | 108.67 | -2.36 |
Net earnings | -29.61 | 48.86 | 52.20 | 82.07 | -6.20 |
Shareholders equity total | 18.98 | 67.84 | 120.04 | 202.77 | 196.56 |
Balance sheet total (assets) | 75.34 | 148.21 | 426.98 | 361.20 | 336.45 |
Net debt | 29.97 | -50.57 | - 175.93 | - 231.73 | - 282.43 |
Profitability | |||||
EBIT-% | -76.5 % | 22.1 % | 10.3 % | 16.1 % | -0.3 % |
ROA | -30.2 % | 50.6 % | 24.6 % | 27.6 % | -0.6 % |
ROE | -87.6 % | 112.6 % | 55.6 % | 50.8 % | -3.1 % |
ROI | -41.3 % | 76.4 % | 58.2 % | 60.4 % | -1.0 % |
Economic value added (EVA) | -31.13 | 50.28 | 55.78 | 88.76 | -4.35 |
Solvency | |||||
Equity ratio | 25.2 % | 45.8 % | 28.1 % | 56.1 % | 58.4 % |
Gearing | 158.6 % | 45.9 % | 19.8 % | 6.7 % | |
Relative net indebtedness % | 146.2 % | -0.5 % | 15.6 % | -12.9 % | -21.1 % |
Liquidity | |||||
Quick ratio | 0.2 | 1.0 | 1.3 | 1.6 | 2.5 |
Current ratio | 1.3 | 1.8 | 1.4 | 2.3 | 2.9 |
Cash and cash equivalents | 0.12 | 81.71 | 199.74 | 245.31 | 282.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 90.3 | 99.1 | 0.6 | ||
Net working capital % | 49.3 % | 26.3 % | 17.5 % | 30.0 % | 32.8 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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