SMIDT & KROMAND HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SMIDT & KROMAND HOLDING A/S
SMIDT & KROMAND HOLDING A/S (CVR number: 33971494) is a company from AARHUS. The company recorded a gross profit of -661.2 kDKK in 2021. The operating profit was -661.2 kDKK, while net earnings were 27.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 47.6 %, which can be considered excellent and Return on Equity (ROE) was 64.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SMIDT & KROMAND HOLDING A/S's liquidity measured by quick ratio was 6.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -13.22 | - 143.14 | - 194.89 | 556.01 | - 661.24 |
EBIT | -13.22 | - 143.14 | - 194.89 | 556.01 | - 661.24 |
Net earnings | 5 317.91 | -5 311.48 | 114 368.59 | 85 977.40 | 27 699.26 |
Shareholders equity total | 121 093.64 | 85 782.16 | 35 950.75 | 85 928.14 | 468.55 |
Balance sheet total (assets) | 196 505.46 | 136 868.89 | 67 411.35 | 117 237.04 | 558.55 |
Net debt | -18 233.50 | 32 134.00 | 30 135.09 | 30 214.37 | -94.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.0 % | -1.5 % | 113.5 % | 93.7 % | 47.6 % |
ROE | 4.8 % | -5.1 % | 187.9 % | 141.1 % | 64.1 % |
ROI | 4.4 % | -1.6 % | 113.8 % | 94.0 % | 47.7 % |
Economic value added (EVA) | 394.80 | 434.66 | 1 990.42 | 1 554.96 | - 645.03 |
Solvency | |||||
Equity ratio | 61.6 % | 62.7 % | 53.3 % | 73.3 % | 83.9 % |
Gearing | 46.9 % | 59.5 % | 85.9 % | 36.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.0 | 0.4 | 0.0 | 1.4 | 6.2 |
Current ratio | 4.0 | 0.4 | 0.0 | 1.4 | 6.2 |
Cash and cash equivalents | 75 039.93 | 18 925.23 | 750.30 | 988.70 | 94.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | B |
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