Simati ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Simati ApS
Simati ApS (CVR number: 40802770) is a company from ODENSE. The company recorded a gross profit of 30.5 mDKK in 2024. The operating profit was 24.3 mDKK, while net earnings were 22.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent but Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Simati ApS's liquidity measured by quick ratio was 157.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 48 655.00 | 70 206.00 | 43 747.00 | 52 120.00 | 30 484.00 |
| EBIT | 46 094.00 | 64 412.00 | 37 691.00 | 45 992.00 | 24 326.00 |
| Net earnings | 36 027.00 | 47 782.00 | 29 638.00 | 40 016.00 | 22 266.00 |
| Shareholders equity total | 44 239.00 | 92 021.00 | 121 659.00 | 158 675.00 | 180 941.00 |
| Balance sheet total (assets) | 54 771.00 | 105 278.00 | 129 917.00 | 168 949.00 | 184 300.00 |
| Net debt | -53 385.00 | -99 103.00 | - 128 687.00 | - 142 918.00 | -23 897.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 85.0 % | 83.1 % | 34.1 % | 34.9 % | 19.2 % |
| ROE | 81.4 % | 70.1 % | 27.7 % | 28.5 % | 13.1 % |
| ROI | 105.1 % | 97.5 % | 37.5 % | 37.2 % | 20.0 % |
| Economic value added (EVA) | 35 952.90 | 47 904.62 | 24 772.40 | 29 756.29 | 11 000.10 |
| Solvency | |||||
| Equity ratio | 80.8 % | 87.4 % | 93.6 % | 93.9 % | 98.2 % |
| Gearing | 0.1 % | 0.1 % | 0.0 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 147.7 | 1 460.9 | 83.2 | 116.0 | 157.3 |
| Current ratio | 147.7 | 1 460.9 | 83.2 | 116.0 | 157.3 |
| Cash and cash equivalents | 53 429.00 | 99 153.00 | 128 701.00 | 142 918.00 | 23 897.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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