SMEDEVÆRKSTEDET ANDEX ApS — Credit Rating and Financial Key Figures

CVR number: 35046860
Skjulhøj Allé 18, 2720 Vanløse
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Credit rating

Company information

Official name
SMEDEVÆRKSTEDET ANDEX ApS
Personnel
4 persons
Established
2013
Company form
Private limited company
Industry

About SMEDEVÆRKSTEDET ANDEX ApS

SMEDEVÆRKSTEDET ANDEX ApS (CVR number: 35046860) is a company from KØBENHAVN. The company recorded a gross profit of 2254.5 kDKK in 2023. The operating profit was 678.6 kDKK, while net earnings were 557.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.2 %, which can be considered excellent and Return on Equity (ROE) was 23.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SMEDEVÆRKSTEDET ANDEX ApS's liquidity measured by quick ratio was 4.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 418.262 947.853 900.11
Gross profit1 682.391 579.011 748.971 906.462 254.53
EBIT308.84271.64376.65411.19678.64
Net earnings83.11179.20285.33319.19557.71
Shareholders equity total1 338.221 517.411 388.752 121.932 679.64
Balance sheet total (assets)2 363.332 103.052 181.892 572.173 366.44
Net debt- 771.05- 695.08- 790.37-1 286.59-1 887.78
Profitability
EBIT-%9.0 %9.2 %9.7 %
ROA14.6 %12.2 %17.6 %17.3 %24.2 %
ROE6.4 %12.6 %19.6 %18.2 %23.2 %
ROI23.8 %19.0 %25.9 %23.4 %30.0 %
Economic value added (EVA)214.27157.02252.46290.66484.42
Solvency
Equity ratio56.6 %72.2 %63.6 %82.5 %79.6 %
Gearing
Relative net indebtedness %7.4 %-3.7 %0.1 %
Liquidity
Quick ratio2.13.52.95.54.8
Current ratio2.23.52.95.64.9
Cash and cash equivalents771.05695.08790.371 286.591 887.78
Capital use efficiency
Trade debtors turnover (days)25.522.722.6
Net working capital %33.1 %46.3 %34.5 %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:24.2%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.6%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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