SMP Nissens ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 982.80 | 1 943.58 | 1 124.00 | 1 584.27 | 1 730.43 |
Gross profit | 638.61 | 618.27 | 334.32 | 376.99 | 340.76 |
EBIT | 124.16 | 74.12 | 111.54 | 68.13 | 36.38 |
Net earnings | 28.95 | -6.19 | 88.22 | 197.24 | 19.20 |
Shareholders equity total | 1 214.29 | 1 208.38 | 1 291.16 | 1 005.73 | 1 071.92 |
Balance sheet total (assets) | 3 108.90 | 3 155.50 | 3 445.84 | 2 075.53 | 2 084.72 |
Net debt | 996.81 | 992.82 | 1 036.73 | 491.51 | 145.96 |
Profitability | |||||
EBIT-% | 6.3 % | 3.8 % | 9.9 % | 4.3 % | 2.1 % |
ROA | 4.4 % | 2.6 % | 3.5 % | 2.6 % | 1.9 % |
ROE | 2.4 % | -0.5 % | 7.1 % | 17.2 % | 1.8 % |
ROI | 5.6 % | 3.3 % | 4.6 % | 3.4 % | 2.5 % |
Economic value added (EVA) | -28.97 | -67.49 | -45.08 | -81.49 | -43.35 |
Solvency | |||||
Equity ratio | 39.1 % | 38.3 % | 37.5 % | 48.5 % | 51.4 % |
Gearing | 96.9 % | 98.3 % | 92.7 % | 43.4 % | 9.4 % |
Relative net indebtedness % | 86.5 % | 90.1 % | 177.4 % | 71.0 % | 61.1 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.0 | 0.7 | 0.7 |
Current ratio | 1.9 | 2.0 | 1.8 | 1.6 | 1.8 |
Cash and cash equivalents | 179.31 | 195.21 | 160.76 | -54.84 | -45.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 80.9 | 76.8 | 206.0 | 72.4 | 68.1 |
Net working capital % | 27.8 % | 29.7 % | 59.0 % | 21.9 % | 25.2 % |
Credit risk | |||||
Credit rating | AA | A | AA | AAA | AAA |
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