M.R. SMEDIE & RØRTEKNIK A/S — Credit Rating and Financial Key Figures

CVR number: 30591364
Nr Onsildvej 8, 9500 Hobro

Company information

Official name
M.R. SMEDIE & RØRTEKNIK A/S
Personnel
16 persons
Established
2007
Company form
Limited company
Industry

About M.R. SMEDIE & RØRTEKNIK A/S

M.R. SMEDIE & RØRTEKNIK A/S (CVR number: 30591364) is a company from MARIAGERFJORD. The company recorded a gross profit of 10.4 mDKK in 2024. The operating profit was 979.3 kDKK, while net earnings were 562.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. M.R. SMEDIE & RØRTEKNIK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 000.188 781.799 446.1210 055.9410 377.83
EBIT1 424.981 969.242 165.591 579.19979.27
Net earnings1 092.891 547.071 632.731 114.71562.79
Shareholders equity total3 981.224 528.294 861.025 875.735 238.52
Balance sheet total (assets)9 977.2810 631.3215 874.1415 606.1214 719.97
Net debt1 434.271 367.306 165.873 986.165 477.19
Profitability
EBIT-%
ROA14.7 %19.2 %16.4 %10.1 %6.5 %
ROE26.6 %36.4 %34.8 %20.8 %10.1 %
ROI25.8 %33.9 %24.5 %14.3 %8.9 %
Economic value added (EVA)1 026.661 386.431 480.581 009.88466.34
Solvency
Equity ratio42.5 %45.7 %32.0 %39.3 %35.6 %
Gearing36.0 %30.2 %130.0 %70.5 %104.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.00.90.9
Current ratio1.51.51.31.51.5
Cash and cash equivalents154.44154.4420.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.48%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.6%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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