SPAXE ApS — Credit Rating and Financial Key Figures

SPAXE ApS (CVR number: 29823413) is a company from BALLERUP. The company reported a net sales of 0.6 mDKK in 2021, demonstrating a decline of -45.9 % compared to the previous year. The operating profit percentage was poor at -1.2 % (EBIT: -0 mDKK), while net earnings were 30.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.7 %, 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. SPAXE ApS's liquidity measured by quick ratio was 3.8 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.