Brix Smedegaard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Brix Smedegaard ApS
Brix Smedegaard ApS (CVR number: 32778569) is a company from ODENSE. The company recorded a gross profit of -3.7 kDKK in 2022. The operating profit was -446 kDKK, while net earnings were -449.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.6 %, which can be considered poor and Return on Equity (ROE) was -34.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Brix Smedegaard ApS's liquidity measured by quick ratio was 4.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -2.00 | -37.05 | - 116.00 | 130.27 | -3.66 |
| EBIT | -2.00 | -37.05 | - 426.20 | - 253.74 | - 446.04 |
| Net earnings | 351.01 | 1 018.10 | - 353.34 | - 343.88 | - 449.50 |
| Shareholders equity total | 1 620.00 | 2 584.10 | 1 930.76 | 1 531.88 | 1 082.38 |
| Balance sheet total (assets) | 1 622.00 | 2 653.09 | 2 212.31 | 1 859.29 | 1 361.32 |
| Net debt | -32.22 | -1 910.93 | - 332.35 | - 437.59 | -1 123.35 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 24.2 % | 49.2 % | -17.7 % | -12.5 % | -27.6 % |
| ROE | 23.8 % | 48.4 % | -15.7 % | -19.9 % | -34.4 % |
| ROI | 24.2 % | 50.1 % | -19.1 % | -14.7 % | -34.0 % |
| Economic value added (EVA) | 11.75 | -8.67 | - 378.98 | - 414.74 | - 501.02 |
| Solvency | |||||
| Equity ratio | 99.9 % | 97.4 % | 87.3 % | 82.4 % | 79.5 % |
| Gearing | 0.0 % | 0.0 % | 0.0 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 17.9 | 55.7 | 1.8 | 1.6 | 4.9 |
| Current ratio | 17.9 | 65.0 | 7.6 | 5.5 | 4.9 |
| Cash and cash equivalents | 32.22 | 1 910.93 | 332.44 | 437.69 | 1 123.45 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BB | BBB | BB |
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