SIMSEK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 24226948
HI-Park 399, Hammerum 7400 Herning
ms@nonstop.dk
tel: 70131389

Company information

Official name
SIMSEK HOLDING ApS
Established
1999
Domicile
Hammerum
Company form
Private limited company
Industry

About SIMSEK HOLDING ApS

SIMSEK HOLDING ApS (CVR number: 24226948) is a company from HERNING. The company recorded a gross profit of 313.5 kDKK in 2023. The operating profit was -789.1 kDKK, while net earnings were -509.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 82.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SIMSEK HOLDING ApS's liquidity measured by quick ratio was 2.8 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 profit795.88595.14589.73448.25313.49
EBIT493.92- 997.85-22.91- 330.49- 789.12
Net earnings631.902 470.231 297.09489.98- 509.49
Shareholders equity total17 843.6720 313.9021 610.9922 100.9621 591.47
Balance sheet total (assets)23 593.6725 524.1030 864.3228 202.2026 087.14
Net debt-1 452.84-2 434.28-1 255.47-1 507.30- 477.59
Profitability
EBIT-%
ROA4.6 %12.0 %7.0 %3.7 %0.3 %
ROE3.6 %12.9 %6.2 %2.2 %-2.3 %
ROI5.2 %14.4 %8.1 %4.2 %0.3 %
Economic value added (EVA)75.67- 980.40- 268.97- 299.95- 956.39
Solvency
Equity ratio75.7 %79.7 %70.1 %78.4 %82.8 %
Gearing6.0 %5.1 %23.1 %12.5 %12.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.91.52.32.8
Current ratio2.01.91.52.32.8
Cash and cash equivalents2 519.853 464.106 252.764 259.163 179.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:0.26%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.8%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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