SmiCut AB
Fläderstigen 12
SE-771 43 Ludvika
Municipality: Ludvika
County: Dalarna County
Telephone: +46 (0)240-18230
Fax: +46 (0)240-18235

Company description

We are a producer of cutting tools. The company is owned by the Schmidt family. Our main product is Solid Carbide Thread Mills, and we have a lot of other cutting tools as well.

Company info

E-mail: Email
Business ID:556564-8044
VAT No :SE556564804401
Turnover (×1000) SEK:14,883
Number of employees:7


Chairman of the board:Reinar Schmidt
CEO:Timo Schmidt
Marketing: Access required
Technology: Access required
Purchases: Access required

Products and services

Chasing of threads

Cutter edges

Cutting tools

Drill bit cutters


Drilling and milling machines

Hard alloy milling cutters

Hard metals

High-speed steel

Indexable inserts

Lathe tools

Machining by cutting


Milling tools

Precision lathes

Shank end mills

Thread cutting

Thread cutting tools

Thread milling

Thread milling cutters

Threading tools

Tungsten carbide drills

Alternate keywords


Company type


Wholesaler/ Distributor




Fiscal year 201912
Number of months: 12
Turnover: 14,883
Financial expenses: 27
Earnings before taxes: 2,575
Total assets: 18,759
Current assets: 13,577
Current liabilities: 1,990
Equity capital: 15,510
Share capital: 100
Number of employees: 7

Financial ratios

Solvency: 82.7%
Turnover per employee: 2,126
Profitability: 17.3%
Return on equity (ROE): 16.6%
Current ratio: 682.3%
Return on assets (ROA): 13.9%