FK Smedie A/S — Credit Rating and Financial Key Figures

CVR number: 37696307
Randersvej 14, Fausing Mk 8961 Allingåbro
info@fk-smedie.dk
tel: 22928713
www.fksmedefirma.dk
Free credit report Annual report

Credit rating

Company information

Official name
FK Smedie A/S
Personnel
19 persons
Established
2016
Domicile
Fausing Mk
Company form
Limited company
Industry

About FK Smedie A/S

FK Smedie A/S (CVR number: 37696307) is a company from NORDDJURS. The company recorded a gross profit of 7590.9 kDKK in 2024. The operating profit was -1126.5 kDKK, while net earnings were -1229.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.1 %, which can be considered poor and Return on Equity (ROE) was -87.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FK Smedie A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 346.524 849.276 433.987 118.467 590.89
EBIT283.02413.511 314.10822.64-1 126.53
Net earnings69.43182.05858.25386.27-1 229.38
Shareholders equity total586.16768.221 626.472 012.74783.36
Balance sheet total (assets)4 826.316 587.478 183.326 441.5812 162.48
Net debt2 330.062 527.702 946.262 551.965 047.06
Profitability
EBIT-%
ROA5.1 %7.3 %17.8 %11.2 %-12.1 %
ROE12.6 %26.9 %71.7 %21.2 %-87.9 %
ROI7.4 %11.9 %28.3 %15.3 %-16.7 %
Economic value added (EVA)-17.32161.25838.70338.22-1 162.50
Solvency
Equity ratio12.3 %11.7 %19.9 %31.2 %6.4 %
Gearing397.5 %329.0 %181.1 %126.8 %644.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.90.70.5
Current ratio1.21.11.31.50.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-12.1%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.44%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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