SMOKE SOLUTION ApS — Credit Rating and Financial Key Figures

CVR number: 28109067
Korskildelund 4, 2670 Greve
info@smokesolution.com
tel: 56204040
www.smokesolution.com

Credit rating

Company information

Official name
SMOKE SOLUTION ApS
Personnel
5 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SMOKE SOLUTION ApS

SMOKE SOLUTION ApS (CVR number: 28109067) is a company from GREVE. The company recorded a gross profit of 1294.3 kDKK in 2023. The operating profit was -977.7 kDKK, while net earnings were 33.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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. SMOKE SOLUTION ApS's liquidity measured by quick ratio was 1.1 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
20192020202120222023
Volume
Net sales
Gross profit554.67792.88673.161 765.701 294.27
EBIT-63.5591.76-96.88- 263.96- 977.70
Net earnings538.31355.50392.93601.9833.45
Shareholders equity total4 537.694 893.195 286.126 526.576 560.03
Balance sheet total (assets)9 080.549 703.1718 666.8819 372.4821 883.54
Net debt2 346.201 066.11-3 276.48-2 196.50-3 739.04
Profitability
EBIT-%
ROA7.6 %9.3 %6.1 %4.5 %0.7 %
ROE12.6 %7.5 %7.7 %10.2 %0.5 %
ROI9.4 %12.1 %12.9 %9.2 %1.2 %
Economic value added (EVA)- 173.20-98.65- 296.36- 216.27- 652.63
Solvency
Equity ratio50.0 %50.7 %28.4 %33.8 %30.1 %
Gearing75.5 %31.4 %33.0 %79.0 %98.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.90.91.1
Current ratio1.01.01.01.01.1
Cash and cash equivalents1 079.89471.475 022.197 353.2510 174.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.73%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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