SMP Nissens III ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 982.80 | 1 943.58 | 1 124.00 | 1 584.27 | 1 730.43 |
Gross profit | 638.14 | 617.69 | 334.08 | 376.66 | 340.45 |
EBIT | 123.69 | 73.54 | 111.30 | 67.86 | 36.06 |
Net earnings | -15.23 | -53.74 | 34.73 | 149.25 | 18.42 |
Shareholders equity total | 926.35 | 872.89 | 902.00 | 1 068.57 | 1 083.98 |
Balance sheet total (assets) | 3 163.77 | 3 209.05 | 3 498.77 | 2 136.09 | 2 096.75 |
Net debt | 1 287.60 | 1 331.44 | 1 429.89 | 299.94 | 135.02 |
Profitability | |||||
EBIT-% | 6.2 % | 3.8 % | 9.9 % | 4.3 % | 2.1 % |
ROA | 5.0 % | 2.5 % | 3.6 % | 2.6 % | 1.8 % |
ROE | -2.2 % | -8.6 % | 5.6 % | 21.8 % | 2.5 % |
ROI | 6.5 % | 3.2 % | 4.6 % | 3.4 % | 2.4 % |
Economic value added (EVA) | 7.34 | -34.08 | -48.09 | -79.16 | -47.50 |
Solvency | |||||
Equity ratio | 29.3 % | 27.2 % | 25.8 % | 50.0 % | 51.7 % |
Gearing | 164.2 % | 181.0 % | 182.2 % | 40.9 % | 9.3 % |
Relative net indebtedness % | 101.0 % | 107.4 % | 212.0 % | 58.8 % | 60.5 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.2 | 0.8 | 0.7 |
Current ratio | 2.3 | 2.4 | 2.1 | 1.7 | 1.8 |
Cash and cash equivalents | 233.86 | 248.76 | 213.69 | 136.73 | -34.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 80.9 | 76.8 | 206.0 | 72.4 | 68.1 |
Net working capital % | 33.8 % | 36.2 % | 70.8 % | 25.9 % | 25.9 % |
Credit risk | |||||
Credit rating | A | A | A | AAA | AAA |
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