SIMAT ApS — Credit Rating and Financial Key Figures

CVR number: 35405666
Klarupvej 87, 9270 Klarup
jakobsen.johnny@gmail.com

Credit rating

Company information

Official name
SIMAT ApS
Established
2013
Company form
Private limited company
Industry

About SIMAT ApS

SIMAT ApS (CVR number: 35405666) is a company from AALBORG. The company recorded a gross profit of 38.8 kDKK in 2023. The operating profit was 38.5 kDKK, while net earnings were 281.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SIMAT ApS's liquidity measured by quick ratio was 4.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales413.67165.68337.53
Gross profit262.62117.35272.33336.0038.78
EBIT261.59117.35272.33317.0238.53
Net earnings297.03224.18441.4431.31281.18
Shareholders equity total1 100.511 324.691 766.131 777.442 058.62
Balance sheet total (assets)1 212.281 399.461 959.461 818.852 094.79
Net debt-48.53- 142.93- 115.34- 235.73- 168.54
Profitability
EBIT-%63.2 %70.8 %80.7 %
ROA36.3 %22.1 %33.8 %31.4 %18.4 %
ROE31.2 %18.5 %28.6 %1.8 %14.7 %
ROI40.2 %23.8 %36.7 %2.3 %18.8 %
Economic value added (EVA)163.6636.23145.85158.53-59.27
Solvency
Equity ratio90.8 %94.7 %90.1 %97.7 %98.3 %
Gearing
Relative net indebtedness %15.3 %-41.1 %23.1 %
Liquidity
Quick ratio3.12.22.26.44.7
Current ratio3.12.22.26.44.7
Cash and cash equivalents48.53142.93115.34235.73168.54
Capital use efficiency
Trade debtors turnover (days)264.146.8339.8
Net working capital %57.1 %54.0 %70.0 %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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