Simon Grove Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 215.03 | 264.33 | 272.06 | 239.09 | 494.75 |
Gross profit | 211.39 | 260.59 | 268.30 | 232.61 | 484.88 |
EBIT | 211.39 | 260.59 | 268.30 | 232.61 | 484.88 |
Net earnings | 209.79 | 257.16 | 260.17 | 222.74 | 468.61 |
Shareholders equity total | 412.36 | 558.92 | 706.09 | 814.43 | 1 165.24 |
Balance sheet total (assets) | 496.44 | 646.37 | 881.85 | 1 161.00 | 1 658.13 |
Net debt | 80.08 | -17.14 | - 142.25 | 241.83 | 488.90 |
Profitability | |||||
EBIT-% | 98.3 % | 98.6 % | 98.6 % | 97.3 % | 98.0 % |
ROA | 43.2 % | 45.6 % | 35.1 % | 22.8 % | 35.6 % |
ROE | 58.0 % | 53.0 % | 41.1 % | 29.3 % | 47.3 % |
ROI | 43.6 % | 45.9 % | 35.3 % | 24.0 % | 37.0 % |
Economic value added (EVA) | 219.98 | 264.81 | 275.17 | 245.03 | 504.50 |
Solvency | |||||
Equity ratio | 83.1 % | 86.5 % | 80.1 % | 70.1 % | 70.3 % |
Gearing | 19.4 % | 14.9 % | 24.3 % | 29.8 % | 42.0 % |
Relative net indebtedness % | 39.1 % | -5.0 % | -50.8 % | 144.6 % | 99.6 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.8 | 0.0 | 0.5 | |
Current ratio | 1.2 | 1.8 | 0.0 | 0.5 | |
Cash and cash equivalents | 100.59 | 314.01 | 0.75 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -39.1 % | 5.0 % | 50.8 % | -144.6 % | -45.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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