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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 0.8 mDKK in 2024, demonstrating a growth of 17.6 % compared to the previous year. The operating profit percentage was poor at -4.5 % (EBIT: -0 mDKK), while net earnings were -39.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.9 %, which can be considered poor and Return on Equity (ROE) was -22.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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 1.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 257.59 | 687.29 | 675.60 | 674.98 | 793.48 |
| Gross profit | 63.85 | 113.80 | 194.97 | 196.22 | 167.99 |
| EBIT | 56.95 | 70.69 | 108.67 | -2.36 | -36.10 |
| Net earnings | 48.86 | 52.20 | 82.07 | -6.20 | -39.41 |
| Shareholders equity total | 67.84 | 120.04 | 202.77 | 196.56 | 157.16 |
| Balance sheet total (assets) | 148.21 | 426.98 | 361.20 | 336.45 | 325.51 |
| Net debt | -50.57 | - 175.93 | - 231.73 | - 282.43 | - 279.29 |
| Profitability | |||||
| EBIT-% | 22.1 % | 10.3 % | 16.1 % | -0.3 % | -4.5 % |
| ROA | 50.6 % | 24.6 % | 27.6 % | -0.6 % | -10.9 % |
| ROE | 112.6 % | 55.6 % | 50.8 % | -3.1 % | -22.3 % |
| ROI | 76.4 % | 58.2 % | 60.4 % | -1.0 % | -20.1 % |
| Economic value added (EVA) | 48.77 | 50.11 | 77.52 | -13.23 | -45.98 |
| Solvency | |||||
| Equity ratio | 45.8 % | 28.1 % | 56.1 % | 58.4 % | 48.3 % |
| Gearing | 45.9 % | 19.8 % | 6.7 % | 3.9 % | |
| Relative net indebtedness % | -0.5 % | 15.6 % | -12.9 % | -21.1 % | -14.8 % |
| Liquidity | |||||
| Quick ratio | 1.0 | 1.3 | 1.6 | 2.5 | 1.8 |
| Current ratio | 1.8 | 1.4 | 2.3 | 2.9 | 1.9 |
| Cash and cash equivalents | 81.71 | 199.74 | 245.31 | 282.43 | 285.43 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 99.1 | 0.6 | |||
| Net working capital % | 26.3 % | 17.5 % | 30.0 % | 32.8 % | 19.0 % |
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BB | BB |
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