SMARTTV A/S
Credit rating
Company information
About SMARTTV A/S
SMARTTV A/S (CVR number: 25501772) is a company from KØBENHAVN. The company recorded a gross profit of -14.4 kDKK in 2023. The operating profit was -2901.9 kDKK, while net earnings were -2971.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.5 %, which can be considered poor and Return on Equity (ROE) was -101.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31 %, 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. SMARTTV A/S's liquidity measured by quick ratio was 1.5 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 | 893.46 | 902.17 | 610.14 | -92.27 | -14.37 |
EBIT | 87.73 | 158.86 | 18.05 | - 195.59 | -2 901.87 |
Net earnings | -12.62 | 46.23 | - 100.26 | - 296.15 | -2 971.19 |
Shareholders equity total | 4 755.04 | 4 801.27 | 4 701.01 | 4 404.85 | 1 433.66 |
Balance sheet total (assets) | 8 005.90 | 7 942.71 | 7 824.89 | 7 594.51 | 4 617.35 |
Net debt | -3 908.13 | -2 767.65 | -1 855.34 | -1 587.01 | -1 466.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.1 % | 2.0 % | 0.2 % | -2.5 % | -47.5 % |
ROE | -0.3 % | 1.0 % | -2.1 % | -6.5 % | -101.8 % |
ROI | 1.2 % | 2.1 % | 0.2 % | -2.6 % | -48.1 % |
Economic value added (EVA) | 270.55 | 224.27 | 62.51 | - 188.95 | -2 881.75 |
Solvency | |||||
Equity ratio | 59.4 % | 60.4 % | 60.1 % | 58.0 % | 31.0 % |
Gearing | 60.0 % | 60.8 % | 63.3 % | 70.0 % | 219.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 2.5 | 2.5 | 2.4 | 1.5 |
Current ratio | 2.5 | 2.5 | 2.5 | 2.4 | 1.5 |
Cash and cash equivalents | 6 762.23 | 5 685.93 | 4 833.17 | 4 669.22 | 4 610.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | C |
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