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 341.1 kDKK in 2023. The operating profit was -76.8 kDKK, while net earnings were -201 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.2 %, 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 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 527.81 | 305.84 | 440.30 | 87.00 | 341.12 |
EBIT | 60.96 | -60.23 | -8.06 | - 372.34 | -76.80 |
Net earnings | -30.02 | - 123.03 | - 147.89 | - 411.15 | - 201.03 |
Shareholders equity total | 488.00 | 364.98 | 217.08 | - 194.07 | 3 004.89 |
Balance sheet total (assets) | 5 464.42 | 5 307.60 | 5 157.14 | 4 871.51 | 5 252.58 |
Net debt | 3 403.89 | 3 467.62 | 3 731.03 | 4 100.19 | 1 161.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.1 % | -1.1 % | 0.9 % | -7.3 % | -1.2 % |
ROE | -6.0 % | -28.8 % | -50.8 % | -16.2 % | -5.1 % |
ROI | 1.2 % | -1.2 % | -1.3 % | -7.5 % | -1.3 % |
Economic value added (EVA) | -81.24 | - 161.13 | - 101.31 | - 371.20 | - 105.48 |
Solvency | |||||
Equity ratio | 8.9 % | 6.9 % | 4.2 % | -3.8 % | 57.2 % |
Gearing | 712.3 % | 959.4 % | 1719.4 % | -2120.6 % | 38.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.1 | 0.1 | 1.4 |
Current ratio | 0.1 | 0.1 | 0.1 | 0.1 | 1.4 |
Cash and cash equivalents | 72.37 | 34.00 | 1.42 | 15.27 | 2.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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