SMEDENE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SMEDENE ApS
SMEDENE ApS (CVR number: 29976341) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 511.9 kDKK in 2024. The operating profit was 56.8 kDKK, while net earnings were -16.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SMEDENE ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 998.55 | 215.42 | 479.71 | 1 105.90 | 511.87 |
EBIT | 143.39 | - 138.03 | 72.73 | 396.21 | 56.85 |
Net earnings | 109.66 | - 109.19 | 50.31 | 254.37 | -16.35 |
Shareholders equity total | 314.29 | 205.09 | 255.40 | 509.77 | 493.43 |
Balance sheet total (assets) | 1 205.94 | 585.17 | 704.39 | 1 107.59 | 1 190.57 |
Net debt | -97.14 | 241.75 | 247.46 | 60.85 | - 237.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.2 % | -15.4 % | 11.3 % | 43.7 % | 4.8 % |
ROE | 42.3 % | -42.0 % | 21.8 % | 66.5 % | -3.3 % |
ROI | 30.0 % | -27.3 % | 14.7 % | 58.9 % | 6.8 % |
Economic value added (EVA) | 100.57 | - 107.16 | 48.65 | 280.04 | 25.57 |
Solvency | |||||
Equity ratio | 26.1 % | 35.0 % | 36.3 % | 46.0 % | 41.4 % |
Gearing | 77.2 % | 122.0 % | 108.1 % | 54.2 % | 62.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.2 | 0.5 | 1.2 | 1.1 |
Current ratio | 0.8 | 0.2 | 0.5 | 1.2 | 1.1 |
Cash and cash equivalents | 339.64 | 8.43 | 28.73 | 215.35 | 546.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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