M. J. Schmidt ApS — Credit Rating and Financial Key Figures

CVR number: 37429325
Hornbjergvej 105, Græsdal 9830 Tårs
mereteschmidt1@gmail.com

Company information

Official name
M. J. Schmidt ApS
Established
2016
Domicile
Græsdal
Company form
Private limited company
Industry

About M. J. Schmidt ApS

M. J. Schmidt ApS (CVR number: 37429325) is a company from HJØRRING. The company recorded a gross profit of -9.9 kDKK in 2023. The operating profit was -9.9 kDKK, while net earnings were 486.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51 %, which can be considered excellent and Return on Equity (ROE) was 51.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. J. Schmidt ApS's liquidity measured by quick ratio was 100.3 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 sales177.29334.321 165.29
Gross profit168.42323.821 155.41-9.63-9.88
EBIT168.42323.821 155.41-9.63-9.88
Net earnings149.65319.941 149.85428.99486.46
Shareholders equity total508.48717.821 200.66759.651 128.31
Balance sheet total (assets)829.29729.171 210.50769.401 138.06
Net debt312.57- 609.19-1 069.11- 619.30- 978.18
Profitability
EBIT-%95.0 %96.9 %99.2 %
ROA22.7 %41.6 %119.1 %43.5 %51.0 %
ROE30.7 %52.2 %119.9 %43.8 %51.5 %
ROI23.0 %42.0 %120.3 %43.9 %51.5 %
Economic value added (EVA)177.84339.951 155.98-9.1312.72
Solvency
Equity ratio61.3 %98.4 %99.2 %98.7 %99.1 %
Gearing61.5 %0.3 %0.0 %
Relative net indebtedness %181.0 %-179.4 %-90.9 %
Liquidity
Quick ratio53.8108.763.5100.3
Current ratio53.8108.763.5100.3
Cash and cash equivalents611.171 069.20619.30978.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-181.0 %179.4 %90.9 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:51.0%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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