SMED Automation ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SMED Automation ApS
SMED Automation ApS (CVR number: 36931272) is a company from FAVRSKOV. The company recorded a gross profit of 806.8 kDKK in 2023. The operating profit was 32.4 kDKK, while net earnings were -67 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -10.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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. SMED Automation ApS's liquidity measured by quick ratio was 2.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 340.79 | 1 585.00 | 1 493.54 | 1 602.38 | 806.75 |
EBIT | 67.31 | 305.13 | 235.19 | 609.16 | 32.43 |
Net earnings | 26.87 | 225.03 | 155.67 | 465.41 | -67.04 |
Shareholders equity total | 76.87 | 301.90 | 205.67 | 671.08 | 604.04 |
Balance sheet total (assets) | 786.61 | 1 827.36 | 1 100.08 | 1 317.69 | 940.04 |
Net debt | -40.87 | - 518.19 | 87.79 | -20.30 | -76.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.0 % | 23.3 % | 16.1 % | 50.4 % | 2.9 % |
ROE | 11.2 % | 118.8 % | 61.3 % | 106.2 % | -10.5 % |
ROI | 17.4 % | 59.3 % | 41.8 % | 106.4 % | 5.1 % |
Economic value added (EVA) | 27.91 | 241.84 | 196.83 | 464.56 | 4.53 |
Solvency | |||||
Equity ratio | 9.8 % | 16.5 % | 18.7 % | 50.9 % | 64.3 % |
Gearing | 388.1 % | 64.0 % | 55.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.3 | 1.3 | 1.9 | 2.6 |
Current ratio | 1.2 | 1.3 | 1.3 | 1.9 | 2.6 |
Cash and cash equivalents | 339.20 | 711.51 | 26.44 | 20.30 | 76.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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