Sparkler ApS — Credit Rating and Financial Key Figures

Sparkler ApS (CVR number: 29974160) is a company from HORSENS. The company recorded a gross profit of -35.2 kDKK in 2019. The operating profit was -271.1 kDKK, while net earnings were -275.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.9 %, which can be considered poor and Return on Equity (ROE) was -32.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.5 %, 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. Sparkler ApS's liquidity measured by quick ratio was 3 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.