Smag & Slægt ApS — Credit Rating and Financial Key Figures

CVR number: 38914685
Stentoften 23, 8362 Hørning
info@meresmag.dk
tel: 40862227
www.meresmag.dk

Company information

Official name
Smag & Slægt ApS
Personnel
5 persons
Established
2017
Company form
Private limited company
Industry

About Smag & Slægt ApS

Smag & Slægt ApS (CVR number: 38914685) is a company from SKANDERBORG. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a growth of -105.7 % compared to the previous year. The operating profit percentage was at 33.8 % (EBIT: 0 mDKK), while net earnings were -138.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Smag & Slægt ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 094.114 001.28171.75-2 341.79134.15
Gross profit3 065.967 725.843 855.691 726.654 631.60
EBIT- 799.534 051.08- 276.55-2 048.3145.33
Net earnings- 567.513 736.22- 634.49-2 296.94- 138.62
Shareholders equity total-2 610.961 125.27490.77-1 806.17-2 034.06
Balance sheet total (assets)4 891.846 930.787 182.645 117.018 038.32
Net debt4 999.212 607.353 976.794 210.946 224.81
Profitability
EBIT-%-73.1 %101.2 %-161.0 %33.8 %
ROA-10.4 %56.2 %-3.1 %-29.0 %1.7 %
ROE-15.0 %124.2 %-78.5 %-81.9 %-2.1 %
ROI-13.4 %90.2 %-5.3 %-47.1 %2.7 %
Economic value added (EVA)- 408.344 414.39288.05-1 530.95446.69
Solvency
Equity ratio-34.8 %16.2 %6.8 %-26.1 %-20.2 %
Gearing-198.4 %233.3 %810.3 %-233.1 %-306.0 %
Relative net indebtedness %669.3 %144.6 %3896.3 %-295.6 %7508.5 %
Liquidity
Quick ratio0.40.10.10.20.4
Current ratio0.40.10.10.20.4
Cash and cash equivalents180.1417.82
Capital use efficiency
Trade debtors turnover (days)35.45.320.5-1.229.7
Net working capital %-438.9 %-126.5 %-3405.1 %247.9 %-4534.3 %
Credit risk
Credit ratingBBBABBBBBB

Variable visualization

ROA:1.65%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-20.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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