SmartCore ApS

CVR number: 40037543
Helgesvej 46, 4160 Herlufmagle
info@ktbiler.dk
tel: 81943232
www.ktbiler.dk

Credit rating

Company information

Official name
SmartCore ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About the company

SmartCore ApS (CVR number: 40037543) is a company from NÆSTVED. The company recorded a gross profit of 151.7 kDKK in 2023. The operating profit was -170.1 kDKK, while net earnings were -169.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.6 %, which can be considered poor and Return on Equity (ROE) was -83.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SmartCore ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 271.86770.90534.841 399.58151.68
EBIT- 526.48327.71-81.61767.65- 170.06
Net earnings- 549.11364.71-76.14535.66- 169.89
Shareholders equity total- 499.11- 134.40- 210.54325.1283.22
Balance sheet total (assets)578.73543.16466.211 005.38428.59
Net debt38.01559.12255.16- 459.47-51.66
Profitability
EBIT-%
ROA-48.8 %37.8 %-12.0 %91.3 %-23.6 %
ROE-94.9 %65.0 %-15.1 %135.4 %-83.2 %
ROI-1133.3 %94.7 %-14.5 %194.2 %-83.0 %
Economic value added (EVA)- 526.48407.52-52.20619.69- 163.31
Solvency
Equity ratio-46.3 %-19.8 %-31.1 %32.3 %19.4 %
Gearing-9.3 %-486.5 %-221.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.80.50.90.4
Current ratio0.50.80.71.22.1
Cash and cash equivalents8.4594.68211.16459.4751.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBB

Variable visualization

ROA:-23.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.4%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-04T14:01:21.238Z

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