SMARTTID ApS — Credit Rating and Financial Key Figures

CVR number: 35375562
Oslo Plads 2, 2100 København Ø
info@smarttid.dk
tel: 70200795

Credit rating

Company information

Official name
SMARTTID ApS
Personnel
17 persons
Established
2013
Company form
Private limited company
Industry

About SMARTTID ApS

SMARTTID ApS (CVR number: 35375562) is a company from KØBENHAVN. The company recorded a gross profit of 16.4 mDKK in 2024. The operating profit was 5665.4 kDKK, while net earnings were 4403.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 68.3 %, which can be considered excellent and Return on Equity (ROE) was 109.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.6 %, 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. SMARTTID 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 profit7 534.2410 006.8013 045.9013 569.7116 448.57
EBIT606.841 469.513 408.302 881.905 665.36
Net earnings477.171 133.282 656.182 223.714 403.69
Shareholders equity total605.681 288.962 945.132 568.855 472.54
Balance sheet total (assets)3 746.523 754.145 941.966 238.0010 402.24
Net debt-2 053.27-1 591.51-2 535.09-4 276.96-6 580.02
Profitability
EBIT-%
ROA21.8 %39.3 %70.7 %47.5 %68.3 %
ROE102.2 %119.6 %125.5 %80.7 %109.5 %
ROI109.8 %144.8 %155.8 %103.6 %136.2 %
Economic value added (EVA)479.011 219.592 671.772 224.454 498.31
Solvency
Equity ratio16.7 %34.3 %49.6 %41.2 %52.6 %
Gearing6.9 %7.7 %1.7 %5.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.32.11.92.3
Current ratio1.21.52.32.02.4
Cash and cash equivalents2 094.771 690.602 584.844 276.966 885.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:68.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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