Smørum 2016 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Smørum 2016 ApS
Smørum 2016 ApS (CVR number: 37643742) is a company from GLOSTRUP. The company reported a net sales of 2.1 mDKK in 2023, demonstrating a growth of 1.8 % compared to the previous year. The operating profit percentage was at 75.6 % (EBIT: 1.6 mDKK), while net earnings were 784.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. Smørum 2016 ApS's liquidity measured by quick ratio was 3.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 158.86 | 2 223.08 | 2 084.05 | 2 107.98 | 2 145.26 |
Gross profit | 817.98 | 1 692.17 | 1 528.42 | 1 621.96 | 1 620.92 |
EBIT | 817.98 | 1 692.17 | 1 528.42 | 1 621.96 | 1 620.92 |
Net earnings | -75.55 | 652.28 | 877.67 | 4 785.33 | 784.73 |
Shareholders equity total | -1 310.84 | - 658.55 | 219.11 | 5 004.44 | 5 789.17 |
Balance sheet total (assets) | 25 433.18 | 26 334.59 | 27 037.80 | 26 943.62 | 27 203.16 |
Net debt | 24 599.15 | 23 942.44 | 23 035.98 | 17 992.44 | 17 611.01 |
Profitability | |||||
EBIT-% | 37.9 % | 76.1 % | 73.3 % | 76.9 % | 75.6 % |
ROA | 3.0 % | 6.3 % | 5.7 % | 25.0 % | 7.3 % |
ROE | -0.3 % | 2.5 % | 6.6 % | 183.2 % | 14.5 % |
ROI | 3.2 % | 6.5 % | 5.9 % | 26.0 % | 7.5 % |
Economic value added (EVA) | - 426.45 | 458.80 | 171.03 | -57.89 | 39.63 |
Solvency | |||||
Equity ratio | -4.9 % | -2.4 % | 0.8 % | 18.6 % | 21.3 % |
Gearing | -1972.5 % | -3963.3 % | 11819.1 % | 414.8 % | 356.5 % |
Relative net indebtedness % | 1180.6 % | 1117.2 % | 1149.6 % | 909.5 % | 857.1 % |
Liquidity | |||||
Quick ratio | 1.4 | 2.4 | 3.1 | 2.3 | 3.9 |
Current ratio | 1.4 | 2.4 | 3.1 | 2.3 | 3.9 |
Cash and cash equivalents | 1 256.47 | 2 157.89 | 2 861.10 | 2 766.92 | 3 026.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 17.0 % | 56.9 % | 93.1 % | -51.8 % | -34.5 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | AA |
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