METTE SMIDT ApS
Credit rating
Company information
About METTE SMIDT ApS
METTE SMIDT ApS (CVR number: 32444024) is a company from AARHUS. The company recorded a gross profit of 296.8 kDKK in 2023. The operating profit was -5.9 kDKK, while net earnings were -4.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.7 %, which can be considered poor and Return on Equity (ROE) was -30.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. METTE SMIDT ApS's liquidity measured by quick ratio was 1.5 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 | 513.11 | 373.09 | 373.23 | 340.65 | 296.78 |
EBIT | -17.40 | -13.79 | -22.73 | -6.79 | -5.87 |
Net earnings | -13.72 | -10.76 | -19.88 | -7.37 | -4.84 |
Shareholders equity total | 56.48 | 45.73 | 25.84 | 18.47 | 13.63 |
Balance sheet total (assets) | 82.64 | 87.52 | 58.88 | 31.43 | 28.07 |
Net debt | -53.45 | -56.51 | -37.19 | -7.50 | -7.21 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.1 % | -16.2 % | -31.1 % | -15.0 % | -19.7 % |
ROE | -21.7 % | -21.0 % | -55.6 % | -33.3 % | -30.2 % |
ROI | -27.5 % | -27.0 % | -63.3 % | -30.2 % | -35.3 % |
Economic value added (EVA) | -14.37 | -10.91 | -19.34 | -6.76 | -5.17 |
Solvency | |||||
Equity ratio | 68.3 % | 52.2 % | 43.9 % | 58.8 % | 48.6 % |
Gearing | 1.2 % | 1.7 % | 6.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 1.7 | 1.5 | 1.8 | 1.5 |
Current ratio | 2.6 | 1.7 | 1.5 | 1.8 | 1.5 |
Cash and cash equivalents | 53.45 | 56.51 | 37.51 | 7.82 | 8.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | BB | B |
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