Smith & Burke ApS — Credit Rating and Financial Key Figures

CVR number: 12804253
Innannguaq 6, 3900 Nuuk

Credit rating

Company information

Official name
Smith & Burke ApS
Established
2015
Company form
Private limited company
Industry

About Smith & Burke ApS

Smith & Burke ApS (CVR number: 12804253) is a company from SERMERSOOQ. The company recorded a gross profit of 260.2 kDKK in 2024. The operating profit was 219.8 kDKK, while net earnings were 104.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 34.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Smith & Burke ApS's liquidity measured by quick ratio was 0 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 profit7.02206.83215.53203.07260.21
EBIT-5.87166.40175.11162.65219.79
Net earnings-44.5515.5764.2054.66104.57
Shareholders equity total114.83130.40194.60249.26353.83
Balance sheet total (assets)2 992.052 939.282 967.392 904.562 819.37
Net debt1 996.381 906.761 710.691 658.381 628.52
Profitability
EBIT-%
ROA-0.3 %5.6 %5.9 %5.5 %7.7 %
ROE-32.5 %12.7 %39.5 %24.6 %34.7 %
ROI-0.4 %7.9 %8.6 %8.1 %10.7 %
Economic value added (EVA)-44.1280.5739.2030.0072.81
Solvency
Equity ratio3.8 %4.4 %6.6 %8.6 %12.5 %
Gearing1738.5 %1462.2 %913.7 %683.3 %460.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.10.0
Current ratio0.00.00.10.10.0
Cash and cash equivalents67.4744.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.70%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.5%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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