Smeden Vellev ApS — Credit Rating and Financial Key Figures

CVR number: 40408991
Enslevvej 2, Enslev 8860 Ulstrup

Credit rating

Company information

Official name
Smeden Vellev ApS
Personnel
1 person
Established
2019
Domicile
Enslev
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About Smeden Vellev ApS

Smeden Vellev ApS (CVR number: 40408991) is a company from FAVRSKOV. The company recorded a gross profit of 534.9 kDKK in 2023. The operating profit was 95.6 kDKK, while net earnings were 65.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 79.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.7 %, 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. Smeden Vellev ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit301.96407.27316.78428.74534.94
EBIT11.015.80-27.6336.2095.62
Net earnings8.342.74-23.2111.4665.94
Shareholders equity total59.3462.0838.8750.33116.27
Balance sheet total (assets)574.63591.50552.36625.70655.66
Net debt145.43161.35133.57112.91-28.56
Profitability
EBIT-%
ROA1.9 %1.0 %-4.8 %6.2 %14.9 %
ROE14.1 %4.5 %-46.0 %25.7 %79.2 %
ROI2.3 %1.2 %-5.8 %8.0 %19.8 %
Economic value added (EVA)8.4516.90-10.9837.9187.07
Solvency
Equity ratio10.3 %10.5 %7.0 %8.0 %17.7 %
Gearing717.1 %688.5 %1093.7 %780.7 %340.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.70.80.9
Current ratio0.70.60.70.80.9
Cash and cash equivalents280.11266.12291.56280.02424.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.7%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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