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Smart Group ApS — Credit Rating and Financial Key Figures

CVR number: 39986922
Søndergade 70, 9320 Hjallerup
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Credit rating

Company information

Official name
Smart Group ApS
Personnel
9 persons
Established
2018
Company form
Private limited company
Industry

About Smart Group ApS

Smart Group ApS (CVR number: 39986922) is a company from Brønderslev. The company recorded a gross profit of 2655.5 kDKK in 2024. The operating profit was 331.8 kDKK, while net earnings were 69.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 26.7 %, 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. Smart Group ApS's liquidity measured by quick ratio was 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit346.263 399.11387.033 348.602 655.52
EBIT-1 607.341 770.10-1 053.67131.02331.76
Net earnings-1 514.151 359.05- 974.37-94.6669.11
Shareholders equity total-1 251.29107.76- 866.611 351.971 421.08
Balance sheet total (assets)6 201.785 096.136 088.084 363.995 317.92
Net debt5 679.894 250.505 155.323 218.433 397.64
Profitability
EBIT-%
ROA-24.3 %28.2 %-17.5 %2.3 %6.9 %
ROE-46.8 %43.1 %-31.5 %-2.5 %5.0 %
ROI-33.2 %35.0 %-22.0 %2.6 %6.9 %
Economic value added (EVA)-1 555.341 274.15-1 044.65- 112.16-4.36
Solvency
Equity ratio-16.8 %2.1 %-12.5 %31.0 %26.7 %
Gearing-456.0 %3944.6 %-594.9 %253.1 %239.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.90.20.70.2
Current ratio0.81.10.91.41.3
Cash and cash equivalents26.19203.917.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:6.85%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.7%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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