SIM HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 29414211
Ølgodvej 11, 9220 Aalborg Øst

Company information

Official name
SIM HOLDING A/S
Established
2006
Company form
Limited company
Industry

About SIM HOLDING A/S

SIM HOLDING A/S (CVR number: 29414211) is a company from AALBORG. The company recorded a gross profit of -35.9 kDKK in 2023. The operating profit was -35.9 kDKK, while net earnings were 6943.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 27.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.2 %, 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. SIM HOLDING A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-18.46-29.02-24.27-27.24-35.88
EBIT-18.46-29.02-24.27-27.24-35.88
Net earnings1 297.753 073.952 285.433 628.496 943.62
Shareholders equity total20 306.8322 229.7321 815.1723 932.6126 376.23
Balance sheet total (assets)20 692.8523 572.1422 957.0325 818.1637 599.03
Net debt- 274.48- 701.15-5.261 000.609 215.95
Profitability
EBIT-%
ROA6.7 %14.2 %10.2 %15.4 %22.3 %
ROE6.5 %14.5 %10.4 %15.9 %27.6 %
ROI6.8 %14.7 %10.7 %16.1 %23.4 %
Economic value added (EVA)291.08299.78469.42481.85735.09
Solvency
Equity ratio98.1 %94.3 %95.0 %92.7 %70.2 %
Gearing0.5 %0.5 %4.2 %34.9 %
Relative net indebtedness %
Liquidity
Quick ratio17.25.35.32.91.4
Current ratio17.25.35.32.91.4
Cash and cash equivalents368.33812.295.266.771.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:22.3%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.2%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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