SMM INVEST APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SMM INVEST APS
SMM INVEST APS (CVR number: 37343307) is a company from DRAGØR. The company recorded a gross profit of 63.5 kDKK in 2023. The operating profit was -3.9 kDKK, while net earnings were 62.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.6 %, 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. SMM INVEST APS's liquidity measured by quick ratio was 2.1 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 | 1 582.01 | 998.76 | 41.69 | 83.31 | 63.50 |
EBIT | -18.42 | 90.46 | -44.47 | 14.10 | -3.95 |
Net earnings | 691.87 | 172.45 | 299.34 | -1 109.26 | 62.63 |
Shareholders equity total | 10 693.90 | 9 766.34 | 9 065.68 | 6 756.42 | 6 144.05 |
Balance sheet total (assets) | 12 714.30 | 14 050.40 | 13 725.73 | 11 272.32 | 10 481.72 |
Net debt | 945.60 | 3 377.93 | - 813.75 | 1 355.94 | -4 230.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.5 % | 10.7 % | 3.3 % | 0.2 % | 1.6 % |
ROE | 6.6 % | 1.7 % | 3.2 % | -14.0 % | 1.0 % |
ROI | 7.7 % | 2.8 % | 3.3 % | 0.2 % | 1.6 % |
Economic value added (EVA) | - 552.67 | - 515.74 | - 685.03 | - 356.40 | - 425.32 |
Solvency | |||||
Equity ratio | 84.1 % | 69.5 % | 66.0 % | 60.0 % | 58.6 % |
Gearing | 13.5 % | 38.9 % | 48.9 % | 63.3 % | 68.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 1.8 | 5.0 | 3.2 | 2.1 |
Current ratio | 2.6 | 1.8 | 5.0 | 3.2 | 2.1 |
Cash and cash equivalents | 498.32 | 418.21 | 5 242.44 | 2 918.74 | 8 413.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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