SIMAS - FILTERS A/S — Credit Rating and Financial Key Figures

CVR number: 73093317
Rugvænget 10 A, 8500 Grenaa
tel: 87581030

Company information

Official name
SIMAS - FILTERS A/S
Personnel
18 persons
Established
1983
Company form
Limited company
Industry

About SIMAS - FILTERS A/S

SIMAS - FILTERS A/S (CVR number: 73093317) is a company from NORDDJURS. The company recorded a gross profit of 13.8 mDKK in 2023. The operating profit was 4062.2 kDKK, while net earnings were 3372.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.8 %, which can be considered excellent and Return on Equity (ROE) was 35.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SIMAS - FILTERS 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 profit7 358.778 263.218 467.9711 906.7613 791.80
EBIT786.031 231.181 647.603 516.074 062.20
Net earnings708.681 148.511 222.822 850.473 372.82
Shareholders equity total5 424.626 173.146 545.958 546.4210 289.24
Balance sheet total (assets)11 037.6612 076.7813 946.1517 019.0618 680.60
Net debt-3 773.14-1 992.93-1 409.14421.86-3 099.36
Profitability
EBIT-%
ROA8.7 %13.2 %13.8 %24.1 %24.8 %
ROE12.7 %19.8 %19.2 %37.8 %35.8 %
ROI16.2 %22.9 %22.4 %37.9 %37.5 %
Economic value added (EVA)479.62909.751 132.562 585.472 883.51
Solvency
Equity ratio49.1 %51.3 %47.8 %50.2 %55.1 %
Gearing4.9 %13.7 %23.4 %23.4 %15.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.41.21.4
Current ratio1.91.91.91.91.9
Cash and cash equivalents4 038.772 835.722 944.021 580.324 710.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:24.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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