Smith Electric ApS — Credit Rating and Financial Key Figures

CVR number: 38748947
Skolevej 11, 5620 Glamsbjerg
thomas@smith-electric.dk
tel: 91915151
https://smith-electric.dk

Company information

Official name
Smith Electric ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About Smith Electric ApS

Smith Electric ApS (CVR number: 38748947) is a company from ASSENS. The company recorded a gross profit of 992.7 kDKK in 2024. The operating profit was 188.6 kDKK, while net earnings were 153.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.5 %, which can be considered excellent and Return on Equity (ROE) was 56 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58 %, 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. Smith Electric 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 090.89701.88609.37898.89992.72
EBIT186.62- 159.99-92.65208.08188.64
Net earnings142.79- 126.67-75.47158.80153.38
Shareholders equity total552.21312.53237.06278.06269.44
Balance sheet total (assets)969.14576.44386.31538.76464.86
Net debt- 494.16- 115.57-21.93- 300.53-75.44
Profitability
EBIT-%
ROA21.7 %-20.6 %-19.2 %45.0 %39.5 %
ROE26.6 %-29.3 %-27.5 %61.7 %56.0 %
ROI32.5 %-35.2 %-32.9 %77.1 %67.5 %
Economic value added (EVA)115.90- 154.41-89.15148.08131.47
Solvency
Equity ratio57.0 %54.2 %61.4 %51.6 %58.0 %
Gearing4.3 %3.5 %0.6 %8.3 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.92.01.82.1
Current ratio2.22.12.52.02.5
Cash and cash equivalents518.02126.5323.34323.6983.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:39.5%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.0%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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