SMP Nissens ApS — Credit Rating and Financial Key Figures

CVR number: 38647571
Ormhøjgårdvej 9, 8700 Horsens

Credit rating

Company information

Official name
SMP Nissens ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About SMP Nissens ApS

SMP Nissens ApS (CVR number: 38647571K) is a company from HORSENS. The company reported a net sales of 1730.4 mDKK in 2022, demonstrating a growth of 9.2 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 36.4 mDKK), while net earnings were 19.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. SMP Nissens ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales1 982.801 943.581 124.001 584.271 730.43
Gross profit638.61618.27334.32376.99340.76
EBIT124.1674.12111.5468.1336.38
Net earnings28.95-6.1988.22197.2419.20
Shareholders equity total1 214.291 208.381 291.161 005.731 071.92
Balance sheet total (assets)3 108.903 155.503 445.842 075.532 084.72
Net debt996.81992.821 036.73491.51145.96
Profitability
EBIT-%6.3 %3.8 %9.9 %4.3 %2.1 %
ROA4.4 %2.6 %3.5 %2.6 %1.9 %
ROE2.4 %-0.5 %7.1 %17.2 %1.8 %
ROI5.6 %3.3 %4.6 %3.4 %2.5 %
Economic value added (EVA)-28.97-67.49-45.08-81.49-43.35
Solvency
Equity ratio39.1 %38.3 %37.5 %48.5 %51.4 %
Gearing96.9 %98.3 %92.7 %43.4 %9.4 %
Relative net indebtedness %86.5 %90.1 %177.4 %71.0 %61.1 %
Liquidity
Quick ratio1.01.01.00.70.7
Current ratio1.92.01.81.61.8
Cash and cash equivalents179.31195.21160.76-54.84-45.22
Capital use efficiency
Trade debtors turnover (days)80.976.8206.072.468.1
Net working capital %27.8 %29.7 %59.0 %21.9 %25.2 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:1.85%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.4%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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