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SM HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SM HOLDING A/S
SM HOLDING A/S (CVR number: 16261874) is a company from HELSINGØR. The company recorded a gross profit of 451.2 kDKK in 2024. The operating profit was -3 kDKK, while net earnings were -44.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.4 %, 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. SM HOLDING A/S's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 305.84 | 440.30 | 87.00 | 341.12 | 451.17 |
| EBIT | -60.23 | -8.06 | - 372.34 | -76.80 | -2.98 |
| Net earnings | - 123.03 | - 147.89 | - 411.15 | - 201.03 | -44.37 |
| Shareholders equity total | 364.98 | 217.08 | - 194.07 | 3 004.89 | 2 960.52 |
| Balance sheet total (assets) | 5 307.60 | 5 157.14 | 4 871.51 | 5 252.58 | 5 157.38 |
| Net debt | 3 467.62 | 3 731.03 | 4 100.19 | 1 161.88 | 1 127.55 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.1 % | 0.9 % | -7.3 % | -1.2 % | 0.4 % |
| ROE | -28.8 % | -50.8 % | -16.2 % | -5.1 % | -1.5 % |
| ROI | -1.2 % | -1.3 % | -7.5 % | -1.3 % | 0.5 % |
| Economic value added (EVA) | - 296.56 | - 249.58 | - 538.97 | - 303.60 | - 254.41 |
| Solvency | |||||
| Equity ratio | 6.9 % | 4.2 % | -3.8 % | 57.2 % | 57.4 % |
| Gearing | 959.4 % | 1719.4 % | -2120.6 % | 38.7 % | 40.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.1 | 0.1 | 1.4 | 1.8 |
| Current ratio | 0.1 | 0.1 | 0.1 | 1.4 | 1.8 |
| Cash and cash equivalents | 34.00 | 1.42 | 15.27 | 2.48 | 73.33 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BBB |
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