SMARTPRACTICE DENMARK ApS

CVR number: 89669510
Herredsvejen 2, 3400 Hillerød
mn@smartpractice.dk
tel: 48207100

Credit rating

Company information

Official name
SMARTPRACTICE DENMARK ApS
Personnel
48 persons
Established
1979
Company form
Private limited company
Industry
  • Expand more icon21Manufacture of basic pharmaceutical products and pharmaceutical preparations

About the company

SMARTPRACTICE DENMARK ApS (CVR number: 89669510) is a company from HILLERØD. The company reported a net sales of 74.2 mDKK in 2023, demonstrating a growth of 9.6 % compared to the previous year. The operating profit percentage was at 33.3 % (EBIT: 24.7 mDKK), while net earnings were 17.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 44.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.7 %, 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 2.9 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales63.7949.1859.4267.6974.21
Gross profit32.8516.2129.1633.6437.19
EBIT17.563.4514.4718.3424.75
Net earnings13.402.6213.0115.8017.87
Shareholders equity total20.5517.1730.1730.9848.84
Balance sheet total (assets)35.8029.1576.66100.65113.59
Net debt3.751.8837.4738.3031.36
Profitability
EBIT-%27.5 %7.0 %24.3 %27.1 %33.3 %
ROA45.6 %11.5 %30.8 %23.2 %24.1 %
ROE64.3 %13.9 %55.0 %51.7 %44.8 %
ROI54.4 %13.7 %33.5 %24.3 %25.1 %
Economic value added (EVA)12.492.4011.0512.2516.80
Solvency
Equity ratio57.4 %58.9 %39.4 %30.8 %43.7 %
Gearing18.3 %11.0 %124.2 %126.7 %65.8 %
Relative net indebtedness %21.9 %23.1 %77.4 %97.6 %80.1 %
Liquidity
Quick ratio2.02.62.61.12.9
Current ratio2.83.63.31.73.3
Cash and cash equivalents0.010.010.010.940.79
Capital use efficiency
Trade debtors turnover (days)12.429.436.828.622.6
Net working capital %27.9 %30.8 %55.2 %14.7 %34.6 %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:24.1%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.7%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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