SMP Nissens III ApS — Credit Rating and Financial Key Figures

CVR number: 38647350
Ormhøjgårdvej 9, 8700 Horsens

Credit rating

Company information

Official name
SMP Nissens III ApS
Established
2017
Company form
Private limited company
Industry

About SMP Nissens III ApS

SMP Nissens III ApS (CVR number: 38647350K) is a company from HORSENS. The company reported a net sales of 1730.4 mDKK in 2022, demonstrating a growth of 9.2 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 36.1 mDKK), while net earnings were 18.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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. SMP Nissens III ApS's liquidity measured by quick ratio was 0.7 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales1 982.801 943.581 124.001 584.271 730.43
Gross profit638.14617.69334.08376.66340.45
EBIT123.6973.54111.3067.8636.06
Net earnings-15.23-53.7434.73149.2518.42
Shareholders equity total926.35872.89902.001 068.571 083.98
Balance sheet total (assets)3 163.773 209.053 498.772 136.092 096.75
Net debt1 287.601 331.441 429.89299.94135.02
Profitability
EBIT-%6.2 %3.8 %9.9 %4.3 %2.1 %
ROA5.0 %2.5 %3.6 %2.6 %1.8 %
ROE-2.2 %-8.6 %5.6 %21.8 %2.5 %
ROI6.5 %3.2 %4.6 %3.4 %2.4 %
Economic value added (EVA)7.34-34.08-48.09-79.16-47.50
Solvency
Equity ratio29.3 %27.2 %25.8 %50.0 %51.7 %
Gearing164.2 %181.0 %182.2 %40.9 %9.3 %
Relative net indebtedness %101.0 %107.4 %212.0 %58.8 %60.5 %
Liquidity
Quick ratio1.31.31.20.80.7
Current ratio2.32.42.11.71.8
Cash and cash equivalents233.86248.76213.69136.73-34.37
Capital use efficiency
Trade debtors turnover (days)80.976.8206.072.468.1
Net working capital %33.8 %36.2 %70.8 %25.9 %25.9 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:1.81%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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