SMEDEMESTER MOGENS EGGERTSEN ApS — Credit Rating and Financial Key Figures

CVR number: 12241038
Marienlystvej 25, 4900 Nakskov

Credit rating

Company information

Official name
SMEDEMESTER MOGENS EGGERTSEN ApS
Established
1988
Company form
Private limited company
Industry

About SMEDEMESTER MOGENS EGGERTSEN ApS

SMEDEMESTER MOGENS EGGERTSEN ApS (CVR number: 12241038) is a company from LOLLAND. The company recorded a gross profit of 307 kDKK in 2023. The operating profit was 223.7 kDKK, while net earnings were 134.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.2 %, 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. SMEDEMESTER MOGENS EGGERTSEN ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit419.40504.81389.34487.68307.04
EBIT342.14427.54303.59399.46223.69
Net earnings232.36299.19208.73276.66134.88
Shareholders equity total822.37889.19798.73866.66724.88
Balance sheet total (assets)2 399.382 466.902 434.672 341.632 326.58
Net debt1 171.291 131.291 213.471 079.161 255.22
Profitability
EBIT-%
ROA13.7 %17.6 %12.6 %16.8 %9.6 %
ROE26.3 %35.0 %24.7 %33.2 %17.0 %
ROI15.8 %20.3 %14.6 %19.3 %10.9 %
Economic value added (EVA)166.62245.10151.91238.81106.46
Solvency
Equity ratio34.3 %36.0 %32.8 %37.0 %31.2 %
Gearing142.4 %127.2 %151.9 %124.5 %173.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.1
Current ratio0.10.10.10.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:9.63%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.2%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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