Smørum 2016 ApS — Credit Rating and Financial Key Figures

CVR number: 37643742
Lunddalsvej 30, 2600 Glostrup

Company information

Official name
Smørum 2016 ApS
Established
2016
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 158.862 223.082 084.052 107.982 145.26
Gross profit817.981 692.171 528.421 621.961 620.92
EBIT817.981 692.171 528.421 621.961 620.92
Net earnings-75.55652.28877.674 785.33784.73
Shareholders equity total-1 310.84- 658.55219.115 004.445 789.17
Balance sheet total (assets)25 433.1826 334.5927 037.8026 943.6227 203.16
Net debt24 599.1523 942.4423 035.9817 992.4417 611.01
Profitability
EBIT-%37.9 %76.1 %73.3 %76.9 %75.6 %
ROA3.0 %6.3 %5.7 %25.0 %7.3 %
ROE-0.3 %2.5 %6.6 %183.2 %14.5 %
ROI3.2 %6.5 %5.9 %26.0 %7.5 %
Economic value added (EVA)- 426.45458.80171.03-57.8939.63
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 ratio1.42.43.12.33.9
Current ratio1.42.43.12.33.9
Cash and cash equivalents1 256.472 157.892 861.102 766.923 026.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %17.0 %56.9 %93.1 %-51.8 %-34.5 %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:7.25%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.3%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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