A. Simonsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About A. Simonsen Holding ApS
A. Simonsen Holding ApS (CVR number: 40129774K) is a company from KØBENHAVN. The company reported a net sales of 5129 mDKK in 2023, demonstrating a decline of -45.7 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 167.7 mDKK), while net earnings were 158.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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. A. Simonsen Holding ApS's liquidity measured by quick ratio was 3 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 560.89 | 4 577.70 | 8 097.44 | 9 451.12 | 5 129.02 |
Gross profit | 884.22 | 931.67 | 1 660.44 | 2 051.95 | 1 160.78 |
EBIT | 105.91 | 166.72 | 710.42 | 939.05 | 167.69 |
Net earnings | 89.30 | 112.50 | 585.93 | 748.20 | 158.88 |
Shareholders equity total | 829.33 | 892.39 | 1 479.65 | 2 165.72 | 1 989.10 |
Balance sheet total (assets) | 1 521.55 | 1 659.58 | 2 900.69 | 3 347.82 | 2 772.45 |
Net debt | - 383.93 | - 496.86 | -1 123.44 | -2 006.78 | -1 633.01 |
Profitability | |||||
EBIT-% | 2.3 % | 3.6 % | 8.8 % | 9.9 % | 3.3 % |
ROA | 8.4 % | 11.5 % | 33.2 % | 32.8 % | 8.4 % |
ROE | 18.2 % | 23.5 % | 104.1 % | 104.2 % | 20.0 % |
ROI | 15.3 % | 20.7 % | 62.7 % | 55.4 % | 11.9 % |
Economic value added (EVA) | 54.69 | 101.16 | 541.91 | 680.86 | 108.42 |
Solvency | |||||
Equity ratio | 54.5 % | 53.8 % | 51.0 % | 64.7 % | 71.7 % |
Gearing | 2.7 % | 2.3 % | 1.3 % | 0.7 % | 0.6 % |
Relative net indebtedness % | 6.3 % | 5.4 % | 3.4 % | -9.1 % | -16.9 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.7 | 1.8 | 2.5 | 3.0 |
Current ratio | 1.6 | 1.7 | 1.8 | 2.5 | 3.0 |
Cash and cash equivalents | 406.02 | 517.00 | 1 142.03 | 2 021.96 | 1 645.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.2 | 41.9 | 48.4 | 22.3 | 28.7 |
Net working capital % | 8.7 % | 10.4 % | 12.8 % | 13.8 % | 21.5 % |
Credit risk | |||||
Credit rating | A | AA | A | A | AA |
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