SCHMIDT LOGISTICS A/S
Credit rating
Company information
About SCHMIDT LOGISTICS A/S
SCHMIDT LOGISTICS A/S (CVR number: 12600607) is a company from FURESØ. The company recorded a gross profit of -301 kDKK in 2023. The operating profit was -720.6 kDKK, while net earnings were -661.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.1 %, which can be considered poor and Return on Equity (ROE) was -131 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.9 %, 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. SCHMIDT LOGISTICS A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 275.97 | 1 367.85 | 1 393.63 | - 173.92 | - 301.00 |
EBIT | - 703.40 | 42.74 | 9.93 | -1 446.19 | - 720.63 |
Net earnings | - 553.73 | 37.17 | 6.32 | -2 339.24 | - 661.87 |
Shareholders equity total | - 699.15 | 500.00 | 506.32 | 506.08 | 504.21 |
Balance sheet total (assets) | 1 864.15 | 2 812.85 | 2 163.03 | 1 682.81 | 2 307.43 |
Net debt | 1 899.90 | 1 545.20 | 1 095.97 | 981.92 | 1 657.58 |
Profitability | |||||
EBIT-% | |||||
ROA | -19.2 % | 2.8 % | 0.4 % | -75.2 % | -33.1 % |
ROE | -17.4 % | 3.1 % | 1.3 % | -462.1 % | -131.0 % |
ROI | -20.5 % | 3.3 % | 0.5 % | -91.6 % | -35.5 % |
Economic value added (EVA) | - 381.34 | 88.41 | -13.48 | -1 050.26 | - 744.68 |
Solvency | |||||
Equity ratio | -27.3 % | 17.8 % | 23.4 % | 30.1 % | 21.9 % |
Gearing | -337.0 % | 325.5 % | 224.2 % | 199.5 % | 336.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.2 | 1.2 | 1.3 | 1.2 |
Current ratio | 0.7 | 1.2 | 1.2 | 1.3 | 1.2 |
Cash and cash equivalents | 456.28 | 82.09 | 39.44 | 27.50 | 37.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BBB |
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