SMIDT & KROMAND HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 33971494
Silkeborgvej 2, 8000 Aarhus C
kmo@gorrissenfederspiel.com
tel: 86207500

Company information

Official name
SMIDT & KROMAND HOLDING A/S
Established
2011
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-13.22- 143.14- 194.89556.01- 661.24
EBIT-13.22- 143.14- 194.89556.01- 661.24
Net earnings5 317.91-5 311.48114 368.5985 977.4027 699.26
Shareholders equity total121 093.6485 782.1635 950.7585 928.14468.55
Balance sheet total (assets)196 505.46136 868.8967 411.35117 237.04558.55
Net debt-18 233.5032 134.0030 135.0930 214.37-94.64
Profitability
EBIT-%
ROA4.0 %-1.5 %113.5 %93.7 %47.6 %
ROE4.8 %-5.1 %187.9 %141.1 %64.1 %
ROI4.4 %-1.6 %113.8 %94.0 %47.7 %
Economic value added (EVA)394.80434.661 990.421 554.96- 645.03
Solvency
Equity ratio61.6 %62.7 %53.3 %73.3 %83.9 %
Gearing46.9 %59.5 %85.9 %36.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.00.40.01.46.2
Current ratio4.00.40.01.46.2
Cash and cash equivalents75 039.9318 925.23750.30988.7094.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAB

Variable visualization

ROA:47.6%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.9%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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