Credit rating
Company information
About SIMOVAL ApS
SIMOVAL ApS (CVR number: 29402523) is a company from SVENDBORG. The company recorded a gross profit of 938.5 kDKK in 2023. The operating profit was -92.6 kDKK, while net earnings were -93.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.5 %, which can be considered poor and Return on Equity (ROE) was -22.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.7 %, 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. SIMOVAL ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 022.17 | 1 526.81 | 1 011.12 | 1 201.34 | 938.48 |
EBIT | 363.70 | 585.22 | 47.52 | 316.73 | -92.62 |
Net earnings | 289.58 | 599.48 | 32.91 | 235.89 | -93.30 |
Shareholders equity total | 888.54 | 1 188.02 | 220.93 | 456.82 | 363.52 |
Balance sheet total (assets) | 1 441.64 | 1 846.47 | 982.00 | 987.62 | 1 184.19 |
Net debt | 108.97 | 92.43 | 45.02 | - 508.13 | 471.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.2 % | 47.8 % | 4.4 % | 32.2 % | -8.5 % |
ROE | 38.9 % | 57.7 % | 4.7 % | 69.6 % | -22.7 % |
ROI | 41.4 % | 59.9 % | 5.6 % | 43.0 % | -10.9 % |
Economic value added (EVA) | 266.99 | 413.21 | -19.99 | 253.56 | -62.84 |
Solvency | |||||
Equity ratio | 61.6 % | 64.3 % | 22.5 % | 46.3 % | 30.7 % |
Gearing | 28.7 % | 24.2 % | 241.4 % | 57.5 % | 170.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 0.9 | 2.0 | 0.7 |
Current ratio | 0.9 | 0.8 | 0.9 | 2.0 | 0.7 |
Cash and cash equivalents | 145.63 | 194.70 | 488.21 | 770.93 | 148.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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