Smilla Food A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Smilla Food A/S
Smilla Food A/S (CVR number: 32268706) is a company from AALBORG. The company reported a net sales of 225.3 mDKK in 2024, demonstrating a decline of -3.6 % compared to the previous year. The operating profit percentage was at 3.9 % (EBIT: 8.8 mDKK), while net earnings were 6385.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 33.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.6 %, 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. Smilla Food A/S's liquidity measured by quick ratio was 1.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 120.86 | 166.84 | 190.57 | 233.78 | 225.32 |
| Gross profit | 120.86 | 166.84 | 9.91 | 12.89 | 12.61 |
| EBIT | 2.22 | 2.41 | 6.69 | 9.26 | 8.77 |
| Net earnings | 2.03 | 1.74 | 4.86 | 6.66 | 6.39 |
| Shareholders equity total | 7.96 | 8.20 | 13.06 | 17.22 | 20.60 |
| Balance sheet total (assets) | 14.66 | 30.95 | 33.46 | 48.56 | 45.23 |
| Net debt | -9.94 | -2.25 | 7.15 | ||
| Profitability | |||||
| EBIT-% | 1.8 % | 1.4 % | 3.5 % | 4.0 % | 3.9 % |
| ROA | 13.4 % | 10.6 % | 21.4 % | 22.6 % | 18.7 % |
| ROE | 29.3 % | 21.6 % | 45.7 % | 44.0 % | 33.8 % |
| ROI | 13.4 % | 10.6 % | 29.4 % | 41.8 % | 31.2 % |
| Economic value added (EVA) | 1.93 | 2.01 | 4.80 | 6.42 | 5.41 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 39.6 % | 35.5 % | 45.6 % |
| Gearing | 21.4 % | 65.3 % | 34.7 % | ||
| Relative net indebtedness % | 4.0 % | 7.6 % | 10.9 % | ||
| Liquidity | |||||
| Quick ratio | 1.5 | 1.4 | 1.8 | ||
| Current ratio | 1.6 | 1.6 | 1.8 | ||
| Cash and cash equivalents | 12.73 | 13.49 | 0.00 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 29.6 | 45.4 | 66.2 | ||
| Net working capital % | 6.9 % | 7.4 % | 9.1 % | ||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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