Smørsig Produktion Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About Smørsig Produktion Aps
Smørsig Produktion Aps (CVR number: 39483564) is a company from SKANDERBORG. The company recorded a gross profit of 504.6 kDKK in 2023. The operating profit was -187.5 kDKK, while net earnings were -188.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.3 %, 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. Smørsig Produktion Aps's liquidity measured by quick ratio was 1.3 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 | 1 255.56 | 1 241.89 | 804.90 | 1 712.75 | 504.57 |
EBIT | 584.28 | 608.53 | 265.89 | 1 090.82 | - 187.46 |
Net earnings | 334.19 | 363.69 | 163.66 | 830.42 | - 188.65 |
Shareholders equity total | 1 034.42 | 1 398.12 | 1 561.78 | 2 392.20 | 2 103.55 |
Balance sheet total (assets) | 5 979.02 | 3 685.82 | 3 394.56 | 4 875.96 | 4 201.62 |
Net debt | - 829.10 | - 328.24 | - 153.33 | -2 351.90 | - 468.76 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.7 % | 12.6 % | 7.5 % | 26.9 % | -3.6 % |
ROE | 38.5 % | 29.9 % | 11.1 % | 42.0 % | -8.4 % |
ROI | 53.1 % | 34.0 % | 11.7 % | 42.1 % | -5.4 % |
Economic value added (EVA) | 428.80 | 462.78 | 153.74 | 793.88 | - 125.24 |
Solvency | |||||
Equity ratio | 17.3 % | 37.9 % | 46.0 % | 49.2 % | 50.3 % |
Gearing | 17.9 % | 19.1 % | 40.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 1.3 | 0.9 | 1.6 | 1.3 |
Current ratio | 1.1 | 2.0 | 2.8 | 2.4 | 3.3 |
Cash and cash equivalents | 829.10 | 328.24 | 433.05 | 2 809.68 | 1 328.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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