SPAR HIMMERLAND ApS — Credit Rating and Financial Key Figures

CVR number: 12533543
Jernbanegade 4, 9610 Nørager
spar.himmerland@gmail.com
tel: 98551048

Credit rating

Company information

Official name
SPAR HIMMERLAND ApS
Established
1988
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About SPAR HIMMERLAND ApS

SPAR HIMMERLAND ApS (CVR number: 12533543) is a company from REBILD. The company recorded a gross profit of 3622.3 kDKK in 2019. The operating profit was -317.6 kDKK, while net earnings were -262.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SPAR HIMMERLAND ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit12 501.8113 032.4218 458.673 622.31
EBIT2 467.372 653.897 102.37- 317.62
Net earnings1 841.301 873.443 917.99- 262.14
Shareholders equity total11 652.6212 026.0613 944.05181.91
Balance sheet total (assets)21 753.7115 309.0418 864.521 075.52
Net debt577.29-1 948.91-5 519.71417.56
Profitability
EBIT-%
ROA11.9 %15.6 %41.8 %-3.0 %
ROE15.8 %15.8 %30.2 %-3.7 %
ROI17.7 %21.4 %53.2 %-3.9 %
Economic value added (EVA)1 917.011 489.924 614.57- 673.10
Solvency
Equity ratio53.6 %78.6 %73.9 %16.9 %
Gearing21.7 %281.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.42.91.2
Current ratio1.73.63.81.2
Cash and cash equivalents1 949.601 948.915 519.7195.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABB

Variable visualization

ROA:-2.96%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.9%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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