SMK Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SMK Group ApS
SMK Group ApS (CVR number: 31274966) is a company from MIDDELFART. The company recorded a gross profit of -35.2 kDKK in 2024. The operating profit was -43.4 kDKK, while net earnings were 37.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.2 %, which can be considered poor but Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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. SMK Group ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 030.72 | 1 578.84 | 1 535.55 | -4.84 | -35.20 |
EBIT | - 278.91 | - 126.70 | - 421.08 | -74.68 | -43.38 |
Net earnings | - 282.20 | - 133.14 | - 427.53 | -74.16 | 37.78 |
Shareholders equity total | 239.30 | 106.16 | 128.63 | 129.46 | 182.37 |
Balance sheet total (assets) | 1 371.67 | 2 202.44 | 880.13 | 293.67 | 347.20 |
Net debt | 353.53 | 70.82 | - 615.70 | - 178.05 | 4.95 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.9 % | -7.1 % | -27.3 % | -12.5 % | -10.2 % |
ROE | -156.4 % | -77.1 % | -364.2 % | -57.5 % | 24.2 % |
ROI | -26.6 % | -11.2 % | -46.5 % | -28.1 % | -17.2 % |
Economic value added (EVA) | - 344.02 | - 167.02 | - 494.13 | -92.65 | -39.13 |
Solvency | |||||
Equity ratio | 17.4 % | 4.8 % | 14.6 % | 44.1 % | 52.5 % |
Gearing | 235.3 % | 1269.4 % | 178.1 % | 28.0 % | 17.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.6 | 1.2 | 1.8 | 1.3 |
Current ratio | 0.2 | 0.6 | 1.2 | 1.8 | 2.0 |
Cash and cash equivalents | 209.64 | 1 276.73 | 844.75 | 214.30 | 26.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | B |
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