SIMATEK BULK SYSTEMS A/S — Credit Rating and Financial Key Figures

CVR number: 18978148
Charlottevej 8, 4270 Høng
bulk@simatek-bulk.dk
tel: 58852443

Credit rating

Company information

Official name
SIMATEK BULK SYSTEMS A/S
Personnel
29 persons
Established
1995
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About SIMATEK BULK SYSTEMS A/S

SIMATEK BULK SYSTEMS A/S (CVR number: 18978148) is a company from KALUNDBORG. The company recorded a gross profit of 19.6 mDKK in 2023. The operating profit was 10.3 mDKK, while net earnings were 7749 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.4 %, 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. SIMATEK BULK SYSTEMS A/S's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit13 895.1411 817.5312 330.1318 452.4419 615.90
EBIT6 440.064 861.734 026.939 852.7510 310.20
Net earnings4 697.793 457.312 786.117 408.457 749.02
Shareholders equity total18 374.9019 915.7520 762.1126 170.5627 919.58
Balance sheet total (assets)33 817.9433 749.6534 913.1344 174.5345 563.79
Net debt3 271.29123.632 846.78-3 144.00-2 036.20
Profitability
EBIT-%
ROA19.7 %14.4 %11.8 %25.0 %23.1 %
ROE27.7 %18.1 %13.7 %31.6 %28.7 %
ROI28.9 %20.1 %16.2 %35.2 %32.1 %
Economic value added (EVA)4 225.592 782.552 228.866 595.986 964.71
Solvency
Equity ratio56.5 %60.4 %61.3 %63.4 %64.4 %
Gearing23.6 %20.2 %17.5 %13.6 %12.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.21.81.8
Current ratio2.02.32.32.42.6
Cash and cash equivalents1 063.473 909.14777.106 707.145 610.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:23.1%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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