SIMSON-IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SIMSON-IT ApS
SIMSON-IT ApS (CVR number: 29406197) is a company from VORDINGBORG. The company recorded a gross profit of 789.4 kDKK in 2023. The operating profit was -0.2 kDKK, while net earnings were -4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.1 %, 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. SIMSON-IT ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 772.26 | 832.04 | 756.41 | 719.24 | 789.41 |
| EBIT | 222.55 | 112.39 | 47.62 | -10.89 | -0.18 |
| Net earnings | 288.92 | 86.05 | 35.21 | -12.10 | -3.98 |
| Shareholders equity total | 460.77 | 546.82 | 432.03 | 319.93 | 315.95 |
| Balance sheet total (assets) | 785.63 | 925.07 | 884.46 | 904.03 | 925.23 |
| Net debt | -94.68 | - 425.58 | 18.81 | 113.53 | 102.47 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 36.2 % | 13.2 % | 5.3 % | -1.2 % | -0.0 % |
| ROE | 91.3 % | 17.1 % | 7.2 % | -3.2 % | -1.3 % |
| ROI | 70.5 % | 22.4 % | 9.6 % | -2.5 % | -0.0 % |
| Economic value added (EVA) | 290.86 | 68.71 | 30.90 | -30.21 | -16.22 |
| Solvency | |||||
| Equity ratio | 58.6 % | 59.1 % | 48.8 % | 35.4 % | 34.1 % |
| Gearing | 4.4 % | 35.5 % | 32.4 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.2 | 2.2 | 1.7 | 1.4 | 1.4 |
| Current ratio | 2.4 | 2.4 | 2.0 | 1.5 | 1.5 |
| Cash and cash equivalents | 94.68 | 425.58 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BB | BBB |
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