SCHMIEDMANN ODENSE A/S — Credit Rating and Financial Key Figures

CVR number: 29634602
Herluf Trolles Vej 15, 5220 Odense SØ

Company information

Official name
SCHMIEDMANN ODENSE A/S
Personnel
32 persons
Established
2006
Company form
Limited company
Industry

About SCHMIEDMANN ODENSE A/S

SCHMIEDMANN ODENSE A/S (CVR number: 29634602) is a company from ODENSE. The company recorded a gross profit of 22.9 mDKK in 2023. The operating profit was 13 mDKK, while net earnings were 11.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.9 %, which can be considered excellent and Return on Equity (ROE) was 38.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SCHMIEDMANN ODENSE A/S's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit12 701.5415 055.0117 902.2617 489.2522 897.00
EBIT2 497.173 993.817 066.905 744.3913 013.35
Net earnings3 334.693 842.977 125.526 683.8411 170.65
Shareholders equity total32 393.3630 236.3334 361.8526 045.6932 216.34
Balance sheet total (assets)44 264.1745 543.8550 277.1239 421.4445 589.65
Net debt-1 509.58-1 584.11-3 107.564 717.09-4 558.08
Profitability
EBIT-%
ROA9.3 %11.1 %19.3 %19.0 %34.9 %
ROE9.5 %12.3 %22.1 %22.1 %38.3 %
ROI10.0 %12.3 %22.4 %22.5 %41.4 %
Economic value added (EVA)- 422.031 103.853 542.542 392.678 521.18
Solvency
Equity ratio75.3 %70.6 %74.1 %71.3 %74.1 %
Gearing22.1 %26.5 %21.0 %23.0 %16.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.92.62.50.61.4
Current ratio5.02.92.71.92.3
Cash and cash equivalents8 674.609 592.6810 328.101 283.879 966.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:34.9%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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