Square Meter ApS — Credit Rating and Financial Key Figures

CVR number: 38970526
Hauser Plads 20, 1127 København K
info@squaremeter.dk
www.squaremeter.dk

Credit rating

Company information

Official name
Square Meter ApS
Personnel
34 persons
Established
2017
Company form
Private limited company
Industry

About Square Meter ApS

Square Meter ApS (CVR number: 38970526) is a company from KØBENHAVN. The company recorded a gross profit of 15.4 mDKK in 2024. The operating profit was 1334.8 kDKK, while net earnings were 1061.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.7 %, 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. Square Meter ApS's liquidity measured by quick ratio was 2.3 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 profit8 378.2715 036.2014 480.0414 931.0615 391.18
EBIT1 753.492 986.092 954.232 508.801 334.76
Net earnings1 339.972 286.942 172.321 915.211 061.69
Shareholders equity total1 082.802 569.743 742.064 657.273 718.96
Balance sheet total (assets)4 290.196 781.595 348.766 801.406 445.11
Net debt-2 607.44-4 104.72-2 576.71-2 922.81- 462.80
Profitability
EBIT-%
ROA73.4 %53.9 %49.7 %41.3 %20.3 %
ROE203.1 %125.2 %68.8 %45.6 %25.3 %
ROI272.8 %156.4 %91.5 %59.7 %32.1 %
Economic value added (EVA)1 363.422 264.892 131.181 748.28847.17
Solvency
Equity ratio25.2 %37.9 %70.0 %68.5 %57.7 %
Gearing0.1 %0.1 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.53.23.12.3
Current ratio1.31.53.23.12.3
Cash and cash equivalents2 608.844 106.022 577.512 923.83463.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBABBB

Variable visualization

ROA:20.3%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.7%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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