SIMCORP A/S
Credit rating
Company information
About SIMCORP A/S
SIMCORP A/S (CVR number: 15505281) is a company from KØBENHAVN. The company reported a net sales of 301.4 mEUR in 2023, demonstrating a growth of 14.4 % compared to the previous year. The operating profit percentage was at 15.8 % (EBIT: 47.5 mEUR), while net earnings were 62.6 mEUR. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SIMCORP A/S's liquidity measured by quick ratio was 3.2 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 financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 235.78 | 235.57 | 250.19 | 263.44 | 301.39 |
Gross profit | 235.78 | 235.57 | 250.19 | 165.79 | 145.97 |
EBIT | 93.98 | 89.87 | 85.46 | 74.38 | 47.51 |
Net earnings | 95.98 | 88.66 | 94.95 | 92.39 | 62.56 |
Shareholders equity total | 213.16 | 265.30 | 291.21 | 336.72 | 855.31 |
Balance sheet total (assets) | 314.20 | 357.98 | 389.96 | 456.62 | 1 045.04 |
Net debt | 19.53 | 30.87 | |||
Profitability | |||||
EBIT-% | 39.9 % | 38.1 % | 34.2 % | 28.2 % | 15.8 % |
ROA | 36.2 % | 26.7 % | 22.9 % | 25.8 % | 10.3 % |
ROE | 52.4 % | 37.1 % | 34.1 % | 29.4 % | 10.5 % |
ROI | 36.2 % | 26.7 % | 22.9 % | 26.9 % | 11.0 % |
Economic value added (EVA) | 90.04 | 79.15 | 72.13 | 44.19 | 26.36 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 73.7 % | 81.8 % |
Gearing | 9.3 % | 5.4 % | |||
Relative net indebtedness % | 26.2 % | 36.1 % | |||
Liquidity | |||||
Quick ratio | 4.5 | 3.2 | |||
Current ratio | 4.5 | 3.2 | |||
Cash and cash equivalents | 11.72 | 15.04 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.7 | 2.3 | |||
Net working capital % | 86.1 % | 79.3 % | |||
Credit risk | |||||
Credit rating | AA | AAA |
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