SMARTPRACTICE DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SMARTPRACTICE DENMARK ApS
SMARTPRACTICE DENMARK ApS (CVR number: 89669510) is a company from HILLERØD. The company reported a net sales of 76.9 mDKK in 2024, demonstrating a growth of 3.7 % compared to the previous year. The operating profit percentage was at 35.2 % (EBIT: 27.1 mDKK), while net earnings were 19.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25 %, which can be considered excellent and Return on Equity (ROE) was 40.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.1 %, 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. SMARTPRACTICE DENMARK 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 49.18 | 59.42 | 67.69 | 74.21 | 76.93 |
Gross profit | 16.21 | 29.16 | 33.64 | 37.19 | 38.78 |
EBIT | 3.45 | 14.47 | 18.34 | 24.75 | 27.06 |
Net earnings | 2.62 | 13.01 | 15.80 | 17.87 | 19.67 |
Shareholders equity total | 17.17 | 30.17 | 30.98 | 48.84 | 48.51 |
Balance sheet total (assets) | 29.15 | 76.66 | 100.65 | 113.59 | 107.55 |
Net debt | 1.88 | 37.47 | 38.30 | 31.36 | 26.17 |
Profitability | |||||
EBIT-% | 7.0 % | 24.3 % | 27.1 % | 33.3 % | 35.2 % |
ROA | 11.5 % | 30.8 % | 23.2 % | 24.1 % | 25.0 % |
ROE | 13.9 % | 55.0 % | 51.7 % | 44.8 % | 40.4 % |
ROI | 13.7 % | 33.5 % | 24.3 % | 25.1 % | 26.1 % |
Economic value added (EVA) | 2.40 | 11.05 | 12.25 | 16.80 | 17.60 |
Solvency | |||||
Equity ratio | 58.9 % | 39.4 % | 30.8 % | 43.7 % | 45.1 % |
Gearing | 11.0 % | 124.2 % | 126.7 % | 65.8 % | 61.4 % |
Relative net indebtedness % | 23.1 % | 77.4 % | 97.6 % | 80.1 % | 64.2 % |
Liquidity | |||||
Quick ratio | 2.6 | 2.6 | 1.1 | 2.9 | 2.1 |
Current ratio | 3.6 | 3.3 | 1.7 | 3.3 | 3.0 |
Cash and cash equivalents | 0.01 | 0.01 | 0.94 | 0.79 | 3.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.4 | 36.8 | 28.6 | 22.6 | 29.3 |
Net working capital % | 30.8 % | 55.2 % | 14.7 % | 34.6 % | 29.2 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | AA | AA |
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