SmartEye ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SmartEye ApS
SmartEye ApS (CVR number: 40123695) is a company from HERLEV. The company recorded a gross profit of 2398 kDKK in 2023. The operating profit was -976 kDKK, while net earnings were -1010.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.9 %, which can be considered poor and Return on Equity (ROE) was -64.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SmartEye ApS's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 755.00 | 3 603.22 | 3 642.32 | 2 822.23 | 2 397.98 |
EBIT | 300.91 | 929.43 | 193.66 | -1 127.41 | - 976.01 |
Net earnings | 218.98 | 723.31 | 135.94 | -1 070.30 | -1 010.38 |
Shareholders equity total | 558.11 | 1 281.42 | 1 417.36 | 1 669.47 | 1 479.09 |
Balance sheet total (assets) | 1 686.62 | 3 341.44 | 4 081.80 | 3 592.29 | 4 223.07 |
Net debt | 405.87 | 84.67 | 718.78 | 784.64 | 136.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.0 % | 37.4 % | 5.3 % | -29.3 % | -24.9 % |
ROE | 39.2 % | 78.6 % | 10.1 % | -69.3 % | -64.2 % |
ROI | 29.1 % | 71.6 % | 9.8 % | -45.2 % | -43.0 % |
Economic value added (EVA) | 231.02 | 692.86 | 103.54 | -1 094.57 | -1 052.12 |
Solvency | |||||
Equity ratio | 33.1 % | 49.9 % | 45.2 % | 46.5 % | 35.0 % |
Gearing | 74.6 % | 7.6 % | 51.0 % | 53.0 % | 33.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.6 | 1.4 | 0.6 | 0.8 |
Current ratio | 1.0 | 1.1 | 1.0 | 0.7 | 0.9 |
Cash and cash equivalents | 10.30 | 12.95 | 3.51 | 99.86 | 353.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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