SMEL INDUSTRY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SMEL INDUSTRY ApS
SMEL INDUSTRY ApS (CVR number: 14692142) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 3332.2 kDKK in 2022. The operating profit was -1507.4 kDKK, while net earnings were -1273.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.6 %, which can be considered poor and Return on Equity (ROE) was -41.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SMEL INDUSTRY ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 806.47 | 10 080.71 | 4 897.45 | 5 933.85 | 3 332.23 |
EBIT | 1 673.08 | 4 244.45 | - 273.86 | 1 014.27 | -1 507.42 |
Net earnings | 1 113.25 | 3 276.26 | - 227.71 | 798.90 | -1 273.81 |
Shareholders equity total | 4 115.63 | 6 391.89 | 5 164.18 | 1 063.08 | - 210.73 |
Balance sheet total (assets) | 8 140.44 | 9 748.86 | 6 979.69 | 5 608.84 | 5 122.15 |
Net debt | 591.84 | -2 546.98 | -1 098.15 | 2 809.09 | 4 067.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.4 % | 47.5 % | -3.2 % | 16.1 % | -27.6 % |
ROE | 27.4 % | 62.4 % | -3.9 % | 25.7 % | -41.2 % |
ROI | 28.7 % | 74.1 % | -4.6 % | 22.3 % | -38.0 % |
Economic value added (EVA) | 936.88 | 3 078.07 | - 411.88 | 607.08 | -1 525.58 |
Solvency | |||||
Equity ratio | 51.2 % | 65.9 % | 74.6 % | 19.2 % | -4.0 % |
Gearing | 14.4 % | 264.2 % | -1930.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 1.7 | 2.0 | 0.5 | 0.8 |
Current ratio | 1.9 | 2.6 | 3.5 | 1.7 | 1.8 |
Cash and cash equivalents | 2 546.98 | 1 098.15 | 0.01 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | BBB | BBB | BBB |
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