Spar5 Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Spar5 Holding A/S
Spar5 Holding A/S (CVR number: 31849489) is a company from VIBORG. The company recorded a gross profit of -43.5 kDKK in 2021. The operating profit was -43.5 kDKK, while net earnings were 10.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 460.6 %, which can be considered excellent and Return on Equity (ROE) was 470.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Spar5 Holding A/S's liquidity measured by quick ratio was 88.2 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -20.04 | -42.82 | -19.85 | -31.77 | -43.46 |
| EBIT | -20.04 | -42.82 | -19.85 | -31.77 | -43.46 |
| Net earnings | 3 654.49 | 4 165.89 | 1 999.73 | 1 395.62 | 10 764.14 |
| Shareholders equity total | 7 680.27 | 8 078.60 | 5 898.33 | 3 531.95 | 1 046.09 |
| Balance sheet total (assets) | 8 082.02 | 8 765.11 | 6 138.36 | 3 627.33 | 1 058.09 |
| Net debt | -3 070.74 | -2 262.63 | -2 279.35 | - 492.90 | - 558.09 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 38.3 % | 49.4 % | 26.8 % | 28.6 % | 460.6 % |
| ROE | 50.0 % | 52.9 % | 28.6 % | 29.6 % | 470.3 % |
| ROI | 40.8 % | 51.6 % | 27.8 % | 29.5 % | 471.5 % |
| Economic value added (EVA) | - 150.45 | -51.10 | 8.01 | -19.50 | 34.61 |
| Solvency | |||||
| Equity ratio | 95.0 % | 92.2 % | 96.1 % | 97.4 % | 98.9 % |
| Gearing | 4.4 % | 0.5 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 9.8 | 4.3 | 10.5 | 6.1 | 88.2 |
| Current ratio | 9.8 | 4.3 | 10.5 | 6.1 | 88.2 |
| Cash and cash equivalents | 3 070.74 | 2 617.06 | 2 311.15 | 492.90 | 558.09 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | A | AA | A | B |
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