Simon Grove Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37445169
Hasselvang 64, Brejning 7080 Børkop

Company information

Official name
Simon Grove Holding ApS
Established
2016
Domicile
Brejning
Company form
Private limited company
Industry

About Simon Grove Holding ApS

Simon Grove Holding ApS (CVR number: 37445169) is a company from VEJLE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 106.9 % compared to the previous year. The operating profit percentage was at 98 % (EBIT: 0.5 mDKK), while net earnings were 468.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.6 %, which can be considered excellent and Return on Equity (ROE) was 47.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Simon Grove Holding ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales215.03264.33272.06239.09494.75
Gross profit211.39260.59268.30232.61484.88
EBIT211.39260.59268.30232.61484.88
Net earnings209.79257.16260.17222.74468.61
Shareholders equity total412.36558.92706.09814.431 165.24
Balance sheet total (assets)496.44646.37881.851 161.001 658.13
Net debt80.08-17.14- 142.25241.83488.90
Profitability
EBIT-%98.3 %98.6 %98.6 %97.3 %98.0 %
ROA43.2 %45.6 %35.1 %22.8 %35.6 %
ROE58.0 %53.0 %41.1 %29.3 %47.3 %
ROI43.6 %45.9 %35.3 %24.0 %37.0 %
Economic value added (EVA)219.98264.81275.17245.03504.50
Solvency
Equity ratio83.1 %86.5 %80.1 %70.1 %70.3 %
Gearing19.4 %14.9 %24.3 %29.8 %42.0 %
Relative net indebtedness %39.1 %-5.0 %-50.8 %144.6 %99.6 %
Liquidity
Quick ratio1.21.80.00.5
Current ratio1.21.80.00.5
Cash and cash equivalents100.59314.010.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-39.1 %5.0 %50.8 %-144.6 %-45.6 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:35.6%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.3%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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