MF Smidt ApS — Credit Rating and Financial Key Figures

CVR number: 39313103
Lautruphøj 3 R, 2750 Ballerup
madsfischersmidt@gmail.com
tel: 22893632
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Company information

Official name
MF Smidt ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About MF Smidt ApS

MF Smidt ApS (CVR number: 39313103) is a company from BALLERUP. The company recorded a gross profit of 344.9 kDKK in 2023, demonstrating a growth of 16.4 % compared to the previous year. The operating profit was -131.7 kDKK, while net earnings were -122.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -72.6 %, which can be considered poor and Return on Equity (ROE) was -88.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.2 %, 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. MF Smidt ApS's liquidity measured by quick ratio was 1.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales703.05451.20698.91804.41
Gross profit247.76122.22343.62296.24344.87
EBIT127.5718.0090.6169.15- 131.70
Net earnings99.5114.0470.6853.41- 122.36
Shareholders equity total64.5474.83145.51198.9276.56
Balance sheet total (assets)73.9575.23165.45221.64141.26
Net debt-52.60-71.23- 128.06-56.56-87.67
Profitability
EBIT-%18.1 %4.0 %13.0 %8.6 %
ROA319.1 %24.1 %75.3 %35.7 %-72.6 %
ROE200.0 %20.1 %64.2 %31.0 %-88.8 %
ROI754.8 %25.8 %82.2 %40.2 %-94.7 %
Economic value added (EVA)101.2613.4470.5053.06- 128.71
Solvency
Equity ratio87.3 %99.5 %88.0 %89.7 %54.2 %
Gearing3.5 %
Relative net indebtedness %-6.1 %-15.7 %-15.5 %-4.2 %
Liquidity
Quick ratio7.2179.97.25.71.6
Current ratio7.9190.08.39.81.8
Cash and cash equivalents52.6071.23128.0656.5690.38
Capital use efficiency
Trade debtors turnover (days)7.618.0
Net working capital %9.2 %16.6 %20.8 %24.7 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-72.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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