SMED ApS — Credit Rating and Financial Key Figures

CVR number: 31492793
Højen Tang 7, 7100 Vejle
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Company information

Official name
SMED ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About SMED ApS

SMED ApS (CVR number: 31492793) is a company from VEJLE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 33.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor but Return on Equity (ROE) was 135.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.7 %, 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. SMED ApS's liquidity measured by quick ratio was 2.3 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 sales40.5879.1421.67
Gross profit31.5574.4521.67
EBIT16.4841.31-4.74-11.05
Net earnings12.8032.22-4.83-5.0933.94
Shareholders equity total-64.2216.5018.4814.6835.49
Balance sheet total (assets)17.5728.4020.4941.4863.77
Net debt-8.57-3.48-13.51-1.59-20.28
Profitability
EBIT-%40.6 %52.2 %-21.9 %
ROA21.1 %75.0 %-19.4 %-35.7 %
ROE68.4 %189.2 %-27.6 %-30.7 %135.3 %
ROI500.7 %-27.1 %-66.7 %
Economic value added (EVA)12.5631.07-7.76-13.33-2.62
Solvency
Equity ratio-78.5 %58.1 %90.2 %35.4 %55.7 %
Gearing
Relative net indebtedness %180.4 %10.6 %-53.1 %
Liquidity
Quick ratio0.22.410.21.52.3
Current ratio0.22.410.21.52.3
Cash and cash equivalents8.573.4813.511.5920.28
Capital use efficiency
Trade debtors turnover (days)81.0114.9117.5
Net working capital %-158.3 %20.8 %85.3 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

Equity ratio:55.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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