Smooth ApS — Credit Rating and Financial Key Figures

CVR number: 40833161
Kvæsthusgade 5 C, 1251 København K
bogholderi@smooth.dk
smooth.dk

Company information

Official name
Smooth ApS
Personnel
31 persons
Established
2019
Company form
Private limited company
Industry

About Smooth ApS

Smooth ApS (CVR number: 40833161) is a company from KØBENHAVN. The company recorded a gross profit of 18.9 mDKK in 2024. The operating profit was 1983.1 kDKK, while net earnings were 907.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 29.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Smooth ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 088.372 672.055 032.8812 145.2518 867.03
EBIT544.311 095.39969.571 722.021 983.13
Net earnings422.66835.60743.96823.41907.17
Shareholders equity total462.661 241.761 785.722 636.683 543.85
Balance sheet total (assets)1 108.472 506.093 933.2215 388.7216 804.41
Net debt- 684.90- 671.08- 249.285 410.568 570.58
Profitability
EBIT-%
ROA49.1 %60.6 %31.7 %18.3 %13.5 %
ROE91.4 %98.1 %49.1 %37.2 %29.4 %
ROI111.0 %113.7 %56.7 %22.9 %15.9 %
Economic value added (EVA)423.24816.50674.691 204.051 167.22
Solvency
Equity ratio41.7 %49.5 %45.4 %30.2 %35.1 %
Gearing2.8 %10.2 %4.3 %220.0 %241.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.30.71.2
Current ratio1.21.11.30.71.2
Cash and cash equivalents697.75797.92325.99388.902.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:13.5%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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