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SMED ApS — Credit Rating and Financial Key Figures

CVR number: 31492793
Højen Tang 7, 7100 Vejle
Free credit report Annual report

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 35.4 kDKK in 2024. The operating profit was 26.1 kDKK, while net earnings were 20.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69.9 %, which can be considered excellent and Return on Equity (ROE) was 105.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -70.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SMED ApS's liquidity measured by quick ratio was 0.3 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 sales79.1421.67
Gross profit74.4521.6735.44
EBIT41.31-4.74-11.0526.11
Net earnings32.22-4.83-5.0933.9420.36
Shareholders equity total16.5018.4814.6835.49-7.70
Balance sheet total (assets)28.4020.4941.4863.773.22
Net debt-3.48-13.51-1.59-20.28-1.68
Profitability
EBIT-%52.2 %-21.9 %
ROA75.0 %-19.4 %-35.7 %69.9 %
ROE189.2 %-27.6 %-30.7 %135.3 %105.2 %
ROI500.7 %-27.1 %-66.7 %147.1 %
Economic value added (EVA)35.45-5.57-11.98-0.7418.58
Solvency
Equity ratio58.1 %90.2 %35.4 %55.7 %-70.5 %
Gearing
Relative net indebtedness %10.6 %-53.1 %
Liquidity
Quick ratio2.410.21.52.30.3
Current ratio2.410.21.52.30.3
Cash and cash equivalents3.4813.511.5920.281.68
Capital use efficiency
Trade debtors turnover (days)114.9117.5
Net working capital %20.8 %85.3 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:69.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-70.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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