Simple Systems ApS — Credit Rating and Financial Key Figures

Simple Systems ApS (CVR number: 40055525) is a company from FREDERIKSBERG. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -14.3 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 0 mDKK), while net earnings were 10.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.9 %, 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. Simple Systems 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.