SMARTPRACTICE DENMARK ApS

APSActive

CVR 89669510Herredsvejen 2, 3400 HillerødManufacture of pharmaceutical preparations· NACE 2120Est. 1979 · 46 years old51 employees

Overview

SMARTPRACTICE DENMARK ApS is a Danish APS based in Hillerød, operating in the Manufacture of pharmaceutical preparations sector. Incorporated in 1979, the company has 51 employees and reported revenue of DKK 78.5m in its latest annual filing.

Revenue 2025

78.5M DKK

+2% vs 2024

EBITDA margin

33.3 %

−11% vs 2024

Net profit 2025

16.9M DKK

-14% vs 2024

Key ratios

See full ratios →

41.5 %

Average

Around the average of companies in the same industry

20212025

1.8×

Average

Around the average of companies in the same industry

20212025

14.8 %

Strong

Among the 30% highest rated companies in the industry

20212025

EBITDA — year on year

DKK millions

Key figures

Annual report 2025

Revenue	78.5M DKK	+2%
EBITDA	26.1M DKK	-11%
Net profit	16.9M DKK	-14%
Total assets	114.1M DKK	+6%
Equity	47.4M DKK	-2%
Employees	51	—

Contact

Address

Herredsvejen 2, 3400 Hillerød

Phone

+45 4820 7100

mn@smartpractice.dk

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Financial development

In its most recent annual report (2025), SMARTPRACTICE DENMARK ApS reported revenue of DKK 78.5m, an increase of 2% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 16.9m, and the EBITDA margin stood at 33.3%.

At the end of 2025, equity financed 41.5% of the balance sheet, and current assets covered short-term debt 1.8 times.

Financials

Revenue

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Revenue	78,487	76,930	74,207	69,480	59,419
Staff expenses	-35,117	-31,336	-31,569	-28,468	-26,410
EBITDA	26,108	29,476	27,811	21,305	16,781
Depreciation & amort.	-2,736	-2,421	-3,063	-2,962	-2,315
EBIT	23,372	27,055	24,748	18,343	14,467
Net financials	-1,932	-2,108	-2,329	780	1,326
Profit before tax	21,441	24,947	22,419	19,123	15,793
Tax	4,567	5,280	4,552	3,321	2,786
Net profit	16,874	19,667	17,866	15,802	13,007

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	114,085	107,548	113,593	100,651	76,657
Equity	47,383	48,509	48,842	30,975	30,174
Long-term debt	36,445	41,628	48,865	52,608	31,540
Short-term debt	22,547	11,366	11,352	14,374	14,468
Total debt	58,992	52,994	60,217	66,982	46,007

Financial ratios

5-year trend

EBITDA margin

33.3 %

20212025

Equity ratio

41.5 %

Average

Around the average of companies in the same industry

20212025

Return on equity

35.6 %

Strong

Among the 30% highest rated companies in the industry

20212025

Net profit margin

21.5 %

Very strong

Among the 20% highest rated companies in the industry

20212025

Asset turnover

0.69×

Weak

Among the 40% lowest rated companies in the industry

20212025

Debt / equity

1.41×

Weak

Among the 40% lowest rated companies in the industry

20212025

Sector performance

28 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery strong

Among the 20% highest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginVery strong

Among the 10% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginVery strong

Among the 20% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Strong

Among the 30% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 30% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 30% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 30% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 10% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioAverage

Around the average of companies in the same industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 30% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery strong

Among the 20% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 30% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 30% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 40% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 40% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtStrong

Among the 40% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 40% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 30% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverWeak

Among the 40% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverAverage

Around the average of companies in the same industry

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the CVR number of SMARTPRACTICE DENMARK ApS?

SMARTPRACTICE DENMARK ApS is registered with CVR / Virk under CVR 89669510.

What is the revenue of SMARTPRACTICE DENMARK ApS?

SMARTPRACTICE DENMARK ApS reported revenue of DKK 78.5m in 2025.

How many employees does SMARTPRACTICE DENMARK ApS have?

SMARTPRACTICE DENMARK ApS employs 51 people as of the latest annual report.

Where is SMARTPRACTICE DENMARK ApS headquartered?

SMARTPRACTICE DENMARK ApS's registered address is Herredsvejen 2.