INDIA SPICE APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About INDIA SPICE APS
INDIA SPICE APS (CVR number: 41230592) is a company from GLOSTRUP. The company recorded a gross profit of 705.6 kDKK in 2021. The operating profit was -264 kDKK, while net earnings were -274 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.1 %, which can be considered poor and Return on Equity (ROE) was -64.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -52.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. INDIA SPICE APS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | -56.29 | 705.60 |
EBIT | - 300.47 | - 263.99 |
Net earnings | - 300.82 | - 274.00 |
Shareholders equity total | - 260.82 | - 534.82 |
Balance sheet total (assets) | 359.29 | 490.27 |
Net debt | 263.87 | 221.97 |
Profitability | ||
EBIT-% | ||
ROA | -48.5 % | -32.1 % |
ROE | -83.7 % | -64.5 % |
ROI | -76.0 % | -63.1 % |
Economic value added (EVA) | - 300.47 | - 244.27 |
Solvency | ||
Equity ratio | -42.1 % | -52.2 % |
Gearing | -151.6 % | -82.6 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 1.3 | 0.7 |
Current ratio | 1.3 | 0.7 |
Cash and cash equivalents | 131.60 | 219.92 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BB | C |
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