Simply Power ApS — Credit Rating and Financial Key Figures

CVR number: 42435198
Kochsgade 31 D, 5000 Odense C
jvf@simplypower.dk
tel: 60690797

Company information

Official name
Simply Power ApS
Personnel
5 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 30.3 mDKK in 2023. The operating profit was 26.4 mDKK, while net earnings were 21.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 75.1 %, which can be considered excellent and Return on Equity (ROE) was 128.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Simply Power ApS's liquidity measured by quick ratio was 1.8 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
2021
2022
2023
Volume
Net sales
Gross profit- 106.576 246.4230 335.80
EBIT- 307.474 731.1326 443.97
Net earnings- 240.193 492.0921 099.40
Shareholders equity total- 200.193 291.9029 601.93
Balance sheet total (assets)327.2120 240.1050 204.41
Net debt237.3312 278.61-7 450.72
Profitability
EBIT-%
ROA-58.3 %45.6 %75.1 %
ROE-73.4 %193.0 %128.3 %
ROI-66.1 %57.7 %100.1 %
Economic value added (EVA)- 239.924 228.3221 147.02
Solvency
Equity ratio-38.0 %16.3 %59.0 %
Gearing-232.3 %373.0 %23.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.11.8
Current ratio0.60.11.8
Cash and cash equivalents227.6714 364.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBAA

Variable visualization

ROA:75.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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