Smedeland 1C ApS — Credit Rating and Financial Key Figures

CVR number: 40378421
Skovvangen 5 A, 2920 Charlottenlund

Company information

Official name
Smedeland 1C ApS
Established
2019
Company form
Private limited company
Industry

About Smedeland 1C ApS

Smedeland 1C ApS (CVR number: 40378421) is a company from GENTOFTE. The company recorded a gross profit of 1302.3 kDKK in 2023. The operating profit was 1302.3 kDKK, while net earnings were 998.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 35 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. Smedeland 1C 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit960.421 418.821 302.32
EBIT253.24350.49960.421 418.821 302.32
Net earnings162.89273.40748.951 084.72998.40
Shareholders equity total242.89516.291 265.252 349.973 348.37
Balance sheet total (assets)8 323.318 280.148 275.278 316.358 607.65
Net debt7 290.297 063.856 199.974 985.494 073.90
Profitability
EBIT-%
ROA3.0 %4.2 %11.6 %17.1 %15.4 %
ROE67.1 %72.0 %84.1 %60.0 %35.0 %
ROI3.3 %4.6 %12.6 %18.9 %17.1 %
Economic value added (EVA)197.48- 113.57361.97725.56641.67
Solvency
Equity ratio2.9 %6.2 %15.3 %28.3 %38.9 %
Gearing3025.0 %1370.9 %490.8 %212.2 %129.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.10.4
Current ratio0.10.00.00.10.4
Cash and cash equivalents57.3514.189.310.08270.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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