SMØRUM PAPIR GRUPPEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SMØRUM PAPIR GRUPPEN HOLDING A/S
SMØRUM PAPIR GRUPPEN HOLDING A/S (CVR number: 28715463) is a company from VALLENSBÆK. The company recorded a gross profit of -608.8 kDKK in 2023. The operating profit was -608.8 kDKK, while net earnings were 149.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.9 %, 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. SMØRUM PAPIR GRUPPEN HOLDING A/S's liquidity measured by quick ratio was 9.4 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 | -64.37 | -59.98 | -55.49 | - 534.84 | - 608.77 |
EBIT | -64.37 | -59.98 | -55.49 | - 534.84 | - 608.77 |
Net earnings | 30 044.08 | 1 154.01 | 1 214.08 | 2 793.04 | 149.09 |
Shareholders equity total | 34 928.52 | 36 082.53 | 37 296.61 | 54 496.08 | 51 945.16 |
Balance sheet total (assets) | 56 764.11 | 58 226.66 | 59 523.37 | 70 867.65 | 69 328.99 |
Net debt | 21 809.88 | 22 119.42 | 22 203.31 | 9 716.49 | 15 484.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 75.8 % | 3.2 % | 3.2 % | 5.6 % | 1.5 % |
ROE | 150.9 % | 3.3 % | 3.3 % | 6.1 % | 0.3 % |
ROI | 75.8 % | 3.2 % | 3.2 % | 5.6 % | 1.5 % |
Economic value added (EVA) | 740.41 | 2 257.92 | 2 432.73 | 2 164.25 | 920.18 |
Solvency | |||||
Equity ratio | 61.5 % | 62.0 % | 62.7 % | 76.9 % | 74.9 % |
Gearing | 62.5 % | 61.3 % | 59.6 % | 30.0 % | 32.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 424.1 | 342.2 | 316.2 | 18.7 | 9.4 |
Current ratio | 424.1 | 342.2 | 316.2 | 18.7 | 9.4 |
Cash and cash equivalents | 15.71 | 14.71 | 13.44 | 6 608.96 | 1 560.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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