SMUS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SMUS ApS
SMUS ApS (CVR number: 51606310) is a company from GULDBORGSUND. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 251.9 % compared to the previous year. The operating profit percentage was poor at -192.6 % (EBIT: -1.4 mDKK), while net earnings were -1334.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.6 %, which can be considered poor and Return on Equity (ROE) was -41.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.3 %, 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. SMUS ApS's liquidity measured by quick ratio was 3.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 323.03 | 332.85 | 449.64 | 200.98 | 707.25 |
Gross profit | - 388.25 | - 259.59 | 131.28 | - 255.58 | 193.35 |
EBIT | - 769.15 | - 901.41 | - 453.38 | - 768.56 | -1 362.15 |
Net earnings | -1 585.77 | - 904.92 | 91.56 | - 648.85 | -1 334.58 |
Shareholders equity total | 5 542.28 | 4 453.16 | 4 544.72 | 3 895.87 | 2 561.28 |
Balance sheet total (assets) | 15 106.85 | 14 702.57 | 13 363.78 | 12 367.99 | 10 999.65 |
Net debt | 2 937.79 | 3 625.52 | 2 214.76 | 1 162.28 | 1 646.57 |
Profitability | |||||
EBIT-% | -238.1 % | -270.8 % | -100.8 % | -382.4 % | -192.6 % |
ROA | 1.3 % | -5.5 % | 1.1 % | -4.5 % | -9.6 % |
ROE | -24.8 % | -18.1 % | 2.0 % | -15.4 % | -41.3 % |
ROI | -9.4 % | -5.7 % | 1.1 % | -4.7 % | -11.5 % |
Economic value added (EVA) | - 823.02 | - 930.94 | - 459.39 | - 828.69 | -1 336.60 |
Solvency | |||||
Equity ratio | 36.7 % | 30.3 % | 34.0 % | 31.5 % | 23.3 % |
Gearing | 54.1 % | 83.0 % | 49.4 % | 51.6 % | 72.0 % |
Relative net indebtedness % | 1079.9 % | 1241.8 % | 610.2 % | 784.4 % | 310.2 % |
Liquidity | |||||
Quick ratio | 2.6 | 1.9 | 3.3 | 5.6 | 3.8 |
Current ratio | 2.6 | 1.9 | 3.3 | 5.6 | 3.8 |
Cash and cash equivalents | 62.48 | 69.35 | 28.74 | 849.04 | 198.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2 506.6 | 2 633.3 | 1 545.7 | 1 972.8 | 2.9 |
Net working capital % | 944.8 % | 722.6 % | 702.4 % | 1849.2 % | 289.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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