Spang A/S

A/SBankrupt

CVR 34880409Klinkenborgvej 3, 7323 GiveFreight transport by road· NACE 4941Est. 2012 · 13 years old4 employees

Overview

Spang A/S is a Danish A/S based in Give, operating in the Freight transport by road sector. Incorporated in 2012, the company has 4 employees and reported a gross profit of DKK 1.3m in its latest annual filing.

Gross profit 2024

1.3M DKK

−1% vs 2023

EBITDA margin (of gross profit)

27.7 %

−21% vs 2023

Net profit 2024

-0.2M DKK

-30% vs 2023

Key ratios

See full ratios →

33.8 %

Weak

Among the 40% lowest rated companies in the industry

20202024

0.6×

Very weak

Among the 20% lowest rated companies in the industry

20202024

-7.1 %

Weak

Among the 30% lowest rated companies in the industry

20202024

EBITDA — year on year

DKK thousands

Key figures

Annual report 2024

Gross profit	1.3M DKK	-1%
EBITDA	0.4M DKK	-21%
Net profit	-0.2M DKK	-30%
Total assets	2.9M DKK	-13%
Equity	1M DKK	-17%
Employees	4	—

Contact

Address

Klinkenborgvej 3, 7323 Give

Rene@20301818.dk

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Financial development

In its most recent annual report (2024), Spang A/S reported a gross profit of DKK 1.3m, a decrease of 1% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of DKK 205.7k, and the EBITDA margin stood at 27.7%.

At the end of 2024, equity financed 33.8% of the balance sheet, and current assets covered short-term debt 0.6 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2024	2023	2022	2021	2020
Revenue	1,270	1,277	1,978	1,497	2,968
Staff expenses	-917	-833	-1,175	-1,413	-998
EBITDA	352	443	803	84	1,297
Depreciation & amort.	-546	-575	-666	-503	266
EBIT	-194	-131	136	-419	1,031
Net financials	-65	-70	-29	0	24
Profit before tax	-259	-201	108	-419	1,055
Tax	-53	-43	30	-97	234
Net profit	-206	-158	77	-322	821

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Balance sheet

DKK thousands

Item	2024	2023	2022	2021	2020
Total assets	2,892	3,338	3,924	3,975	4,716
Equity	977	1,183	1,341	1,264	1,641
Long-term debt	337	1,033	1,431	1,473	1,404
Short-term debt	1,535	1,025	1,013	1,129	1,461
Total debt	1,872	2,058	2,443	2,601	2,866

Financial ratios

5-year trend

EBITDA margin

27.7 %

20202024

Equity ratio

33.8 %

Weak

Among the 40% lowest rated companies in the industry

20202024

Return on equity

-21.1 %

Very weak

Among the 20% lowest rated companies in the industry

20202024

Net profit margin

-16.2 %

20202024

Asset turnover

0.44×

20202024

Debt / equity

1.96×

Weak

Among the 40% lowest rated companies in the industry

20202024

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very weak

Among the 20% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Weak

Among the 30% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery weak

Among the 20% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 40% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 30% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery weak

Among the 20% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery weak

Among the 10% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 40% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 40% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 40% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtWeak

Among the 30% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 30% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 30% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalWeak

Among the 40% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2024
Filed via CVR / Virk · Period 2023-10-01 – 2024-09-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-10-01 – 2020-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
RS René Spang Jørgensen Founder	Founder	2012

Former (1)


EJ Erling Jensen Lund Audit	Audit	2013 – 2026

Board of directors

Non-executive oversight

Name	Role	Member since

Former (5)


RS René Spang Jørgensen Board of Directors	Board of Directors	2012 – 2026
LE Laila Elisa Marie Hvidberg Keller Chairman	Chairman	2024 – 2026
HS Heine Spang Jørgensen Deputy Chairman	Deputy Chairman	2012 – 2026
JL Jonna Lund Hansen Chairman	Chairman	2012 – 2020
RS Rikke Spang Lund Hansen Chairman	Chairman	2020 – 2024

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
René Spang Jørgensen	Individual	100%	100%	2012

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Spang A/S also hold positions in 18 other companies.

Person	Role here	Other companies
Erling Jensen Lund	Audit	16 companiesMany roles
René Spang Jørgensen	Founder	1 company
Heine Spang Jørgensen	Deputy Chairman	1 company

Frequently asked questions

What is the CVR number of Spang A/S?

Spang A/S is registered with CVR / Virk under CVR 34880409.

What is the gross profit of Spang A/S?

Spang A/S reported a gross profit of DKK 1.3m in 2024.

How many employees does Spang A/S have?

Spang A/S employs 4 people as of the latest annual report.

Where is Spang A/S headquartered?

Spang A/S's registered address is Klinkenborgvej 3.