SIMIK ApS — Credit Rating and Financial Key Figures

CVR number: 34592055
Værkstedsvej 7, 4230 Skælskør
kn@simik.dk
tel: 21919634

Credit rating

Company information

Official name
SIMIK ApS
Personnel
21 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About SIMIK ApS

SIMIK ApS (CVR number: 34592055) is a company from SLAGELSE. The company recorded a gross profit of 10.2 mDKK in 2024. The operating profit was 1958 kDKK, while net earnings were 1303.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent and Return on Equity (ROE) was 65.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. SIMIK ApS's liquidity measured by quick ratio was 1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 995.943 762.686 915.078 961.2310 231.90
EBIT472.17-1 506.10580.342 264.081 958.05
Net earnings187.37-1 712.11336.391 878.951 303.61
Shareholders equity total- 383.16-2 095.27- 533.941 345.022 648.62
Balance sheet total (assets)5 993.454 563.827 265.258 023.299 744.29
Net debt3 774.273 593.943 333.322 360.044 207.97
Profitability
EBIT-%
ROA7.3 %-23.1 %8.0 %28.6 %22.0 %
ROE3.2 %-32.4 %5.7 %43.6 %65.3 %
ROI15.5 %-46.8 %21.9 %92.4 %44.2 %
Economic value added (EVA)489.93-1 390.11517.332 299.861 443.26
Solvency
Equity ratio-1.8 %-28.5 %-3.4 %17.1 %26.4 %
Gearing-985.0 %-171.5 %-624.3 %175.5 %158.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.81.01.0
Current ratio0.80.60.91.11.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:22.0%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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