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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 0.4 mDKK in 2024, demonstrating a decline of -37.9 % compared to the previous year. The operating profit percentage was at 7.5 % (EBIT: 0 mDKK), while net earnings were 1276.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 40.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33 %, 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 5.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 332.85 | 449.64 | 200.98 | 707.25 | 439.00 |
| Gross profit | - 259.59 | 131.28 | - 255.58 | 193.35 | 175.52 |
| EBIT | - 901.41 | - 453.38 | - 768.56 | -1 362.15 | 33.02 |
| Net earnings | - 904.92 | 91.56 | - 648.85 | -1 334.58 | 1 276.52 |
| Shareholders equity total | 4 453.16 | 4 544.72 | 3 895.87 | 2 561.28 | 3 737.80 |
| Balance sheet total (assets) | 14 702.57 | 13 363.78 | 12 367.99 | 10 999.65 | 11 312.73 |
| Net debt | 3 625.52 | 2 214.76 | 1 162.28 | 1 646.57 | 1 100.84 |
| Profitability | |||||
| EBIT-% | -270.8 % | -100.8 % | -382.4 % | -192.6 % | 7.5 % |
| ROA | -5.5 % | 1.1 % | -4.5 % | -9.6 % | 11.8 % |
| ROE | -18.1 % | 2.0 % | -15.4 % | -41.3 % | 40.5 % |
| ROI | -5.7 % | 1.1 % | -4.7 % | -11.5 % | 12.4 % |
| Economic value added (EVA) | -1 679.21 | -1 166.67 | -1 413.51 | -1 962.83 | - 492.23 |
| Solvency | |||||
| Equity ratio | 30.3 % | 34.0 % | 31.5 % | 23.3 % | 33.0 % |
| Gearing | 83.0 % | 49.4 % | 51.6 % | 72.0 % | 41.1 % |
| Relative net indebtedness % | 1241.8 % | 610.2 % | 784.4 % | 310.2 % | 360.5 % |
| Liquidity | |||||
| Quick ratio | 1.9 | 3.3 | 5.6 | 3.8 | 5.7 |
| Current ratio | 1.9 | 3.3 | 5.6 | 3.8 | 5.7 |
| Cash and cash equivalents | 69.35 | 28.74 | 849.04 | 198.18 | 434.33 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 2 633.3 | 1 545.7 | 1 972.8 | 2.9 | 1 103.0 |
| Net working capital % | 722.6 % | 702.4 % | 1849.2 % | 289.5 % | 816.5 % |
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BB | BBB |
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