Simply Power ApS — Credit Rating and Financial Key Figures

CVR number: 42435198
Kochsgade 31 D, 5000 Odense C
cns@simplypower.dk
tel: 24657465

Company information

Official name
Simply Power ApS
Personnel
3 persons
Established
2021
Company form
Private limited company
Industry

About Simply Power ApS

Simply Power ApS (CVR number: 42435198) is a company from ODENSE. The company recorded a gross profit of 17.6 mDKK in 2024. The operating profit was 8775.4 kDKK, while net earnings were 5452.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Simply Power ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit- 106.576 246.4230 865.6517 591.06
EBIT- 307.474 731.1326 443.968 775.38
Net earnings- 240.193 492.0921 099.405 452.66
Shareholders equity total- 200.193 291.9029 601.9330 024.36
Balance sheet total (assets)327.2120 240.1050 162.2076 455.96
Net debt237.3312 278.61-7 450.721 319.28
Profitability
EBIT-%
ROA-58.3 %45.6 %75.2 %12.8 %
ROE-73.4 %193.0 %128.3 %18.3 %
ROI-66.1 %57.7 %100.1 %15.6 %
Economic value added (EVA)- 239.924 193.5120 790.074 574.42
Solvency
Equity ratio-38.0 %16.3 %59.0 %39.3 %
Gearing-232.3 %373.0 %23.4 %4.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.11.80.9
Current ratio0.60.11.80.9
Cash and cash equivalents227.6714 364.7852.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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