SM Finans ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SM Finans ApS
SM Finans ApS (CVR number: 40294767) is a company from HILLERØD. The company recorded a gross profit of -7.5 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were -4.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11 %, which can be considered poor and Return on Equity (ROE) was -52.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25 %, 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. SM Finans ApS's liquidity measured by quick ratio was 1.3 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 | -12.50 | -14.82 | -5.50 | -7.51 | |
EBIT | -12.50 | -14.82 | -5.50 | -7.51 | |
Net earnings | -12.50 | -3.03 | -16.58 | -6.32 | -4.78 |
Shareholders equity total | 37.50 | 34.47 | 17.89 | 11.57 | 6.79 |
Balance sheet total (assets) | 47.50 | 47.50 | 47.18 | 44.28 | 27.11 |
Net debt | 10.00 | 10.00 | -29.86 | -26.95 | -9.79 |
Profitability | |||||
EBIT-% | |||||
ROA | -26.3 % | -31.3 % | -12.0 % | -11.0 % | |
ROE | -33.3 % | -8.4 % | -63.3 % | -42.9 % | -52.1 % |
ROI | -26.3 % | -37.2 % | -17.2 % | -14.8 % | |
Economic value added (EVA) | -12.50 | -1.88 | -16.55 | -4.03 | -5.87 |
Solvency | |||||
Equity ratio | 78.9 % | 72.6 % | 37.9 % | 26.1 % | 25.0 % |
Gearing | 26.7 % | 29.0 % | 96.8 % | 149.7 % | 255.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.8 | 3.6 | 1.6 | 1.4 | 1.3 |
Current ratio | 4.8 | 3.6 | 1.6 | 1.4 | 1.3 |
Cash and cash equivalents | 47.18 | 44.28 | 27.11 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
Variable visualization
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