SCHMITH & THUNBERG ApS — Credit Rating and Financial Key Figures

CVR number: 35828370
Kongevejen 391, Nyrup 3490 Kvistgård
schmith@tdcadsl.dk
tel: 29918558
www.thunberg.biz
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Company information

Official name
SCHMITH & THUNBERG ApS
Personnel
6 persons
Established
2014
Domicile
Nyrup
Company form
Private limited company
Industry

About SCHMITH & THUNBERG ApS

SCHMITH & THUNBERG ApS (CVR number: 35828370) is a company from HELSINGØR. The company recorded a gross profit of 1304.1 kDKK in 2023. The operating profit was 174.5 kDKK, while net earnings were 127.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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. SCHMITH & THUNBERG 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit416.67577.431 128.201 199.471 304.07
EBIT23.0066.94157.9628.16174.51
Net earnings6.8743.70112.695.37127.17
Shareholders equity total247.23290.94403.62408.99536.16
Balance sheet total (assets)562.33742.031 075.29897.531 036.26
Net debt151.7098.2363.18-56.58- 205.95
Profitability
EBIT-%
ROA4.4 %10.3 %17.4 %2.9 %18.0 %
ROE2.8 %16.2 %32.4 %1.3 %26.9 %
ROI6.2 %15.5 %31.9 %5.1 %25.5 %
Economic value added (EVA)4.5040.43102.493.96122.63
Solvency
Equity ratio44.0 %39.2 %37.5 %45.6 %51.7 %
Gearing72.9 %50.7 %36.6 %34.0 %18.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.11.22.3
Current ratio1.41.41.31.52.9
Cash and cash equivalents28.4449.2684.58195.46303.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:18.0%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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