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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  11.7% 13.9% 8.5% 13.5% 14.7%  
Credit score (0-100)  22 16 27 16 13  
Credit rating  BB BB BB BB BB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  569 208 356 0 0  
Gross profit  104 68.0 13.1 116 -28.1  
EBITDA  54.6 68.9 6.1 116 -28.1  
EBIT  54.6 68.9 6.1 116 -28.1  
Pre-tax profit (PTP)  51.2 66.0 5.5 113.9 -29.8  
Net earnings  51.2 66.0 5.5 113.9 -29.8  
Pre-tax profit without non-rec. items  51.2 66.0 5.5 114 -29.8  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  0.0 0.0 0.0 0.0 0.0  
Shareholders equity total  136 164 147 101 61.4  
Interest-bearing liabilities  0.0 0.0 0.0 0.0 116  
Balance sheet total (assets)  171 199 165 143 522  

Net Debt  -61.2 -18.2 -47.1 -82.1 116  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  569 208 356 0 0  
Net sales growth  0.0% -63.5% 71.3% -100.0% 0.0%  
Gross profit  104 68.0 13.1 116 -28.1  
Gross profit growth  0.0% -34.4% -80.7% 780.2% 0.0%  
Employees  0 0 0 0 0  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  -49.2 -0.8 0.0 0.0 0.0  
Balance sheet total (assets)  171 199 165 143 522  
Balance sheet change%  0.0% 16.4% -17.3% -12.8% 263.8%  
Added value  103.8 69.7 6.1 115.5 -28.1  
Added value %  18.2% 33.6% 1.7% 0.0% 0.0%  
Investments  0 0 0 0 0  

Net sales trend  0.0 -1.0 1.0 -1.0 0.0  
EBIT trend  1.0 2.0 3.0 4.0 -1.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  9.6% 33.2% 1.7% 0.0% 0.0%  
EBIT %  9.6% 33.2% 1.7% 0.0% 0.0%  
EBIT to gross profit (%)  52.6% 101.2% 46.6% 100.0% 100.0%  
Net Earnings %  9.0% 31.8% 1.5% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  9.0% 31.8% 1.5% 0.0% 0.0%  
Pre tax profit less extraordinaries %  9.0% 31.8% 1.5% 0.0% 0.0%  
ROA %  31.9% 37.2% 3.4% 75.0% -8.4%  
ROI %  40.1% 45.9% 3.9% 93.2% -20.2%  
ROE %  37.6% 44.1% 3.5% 91.9% -36.8%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  79.7% 82.1% 89.4% 70.2% 11.8%  
Relative indebtedness %  6.1% 17.1% 4.9% 0.0% 0.0%  
Relative net indebtedness %  -4.6% 8.4% -8.4% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -112.0% -26.4% -770.5% -71.0% -412.7%  
Gearing %  0.0% 0.0% 0.0% 0.0% 188.8%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 0.0% 0.0% 3.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  4.9 2.6 3.9 1.9 1.0  
Current Ratio  4.9 5.6 9.4 3.4 1.1  
Cash and cash equivalent  61.2 18.2 47.1 82.1 0.0  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  70.4 127.8 20.9 0.0 0.0  
Trade creditors turnover (days)  10.6 38.6 6.6 0.0 0.0  
Current assets / Net sales %  30.0% 95.9% 46.3% 0.0% 0.0%  
Net working capital  136.3 163.5 147.1 100.7 61.4  
Net working capital %  23.9% 78.7% 41.4% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 0 0 0 0  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 0 0 0  
EBIT / employee  0 0 0 0 0  
Net earnings / employee  0 0 0 0 0