Simple Solution IT A/S — Credit Rating and Financial Key Figures

Simple Solution IT A/S (CVR number: 29220646) is a company from KØGE. The company recorded a gross profit of 1028.4 kDKK in 2023. The operating profit was 552.4 kDKK, while net earnings were 341 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 33.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.7 %, 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. Simple Solution IT A/S's liquidity measured by quick ratio was 1.5 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.