SIMONSEN TRANSPORT ApS — Credit Rating and Financial Key Figures

SIMONSEN TRANSPORT ApS (CVR number: 26581990) is a company from HEDENSTED. The company recorded a gross profit of 1927.8 kDKK in 2023. The operating profit was 863.4 kDKK, while net earnings were 715 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. SIMONSEN TRANSPORT ApS'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.