SPIKA A/S — Credit Rating and Financial Key Figures

SPIKA A/S (CVR number: 30550293) is a company from HELSINGØR. The company recorded a gross profit of 152.2 kDKK in 2018. The operating profit was 76.4 kDKK, while net earnings were -1.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SPIKA A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.