SPOTLAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPOTLAND A/S
SPOTLAND A/S (CVR number: 32076475K) is a company from HELSINGØR. The company reported a net sales of 41.9 mDKK in 2017, demonstrating a growth of 12.3 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 1.8 mDKK), while net earnings were 1297.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SPOTLAND A/S's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | 37 312.13 | 41 912.77 |
Gross profit | 27 489.08 | 29 480.02 |
EBIT | 3 414.93 | 1 803.35 |
Net earnings | 2 489.75 | 1 297.82 |
Shareholders equity total | 6 938.76 | 7 229.16 |
Balance sheet total (assets) | 21 611.24 | 22 626.84 |
Net debt | -3 280.51 | 962.38 |
Profitability | ||
EBIT-% | 9.2 % | 4.3 % |
ROA | 15.8 % | 8.5 % |
ROE | 35.9 % | 18.3 % |
ROI | 23.1 % | 12.2 % |
Economic value added (EVA) | 2 682.59 | 1 366.94 |
Solvency | ||
Equity ratio | 32.1 % | 31.9 % |
Gearing | 33.9 % | 36.8 % |
Relative net indebtedness % | 24.2 % | 32.7 % |
Liquidity | ||
Quick ratio | 1.5 | 1.4 |
Current ratio | 1.5 | 1.4 |
Cash and cash equivalents | 5 633.50 | 1 696.50 |
Capital use efficiency | ||
Trade debtors turnover (days) | 12.4 | 7.1 |
Net working capital % | 12.0 % | 9.5 % |
Credit risk | ||
Credit rating | AA | AA |
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