SIMAG ApS — Credit Rating and Financial Key Figures

CVR number: 27317561
Cort Adelersvej 6, 9850 Hirtshals

Company information

Official name
SIMAG ApS
Established
2003
Company form
Private limited company
Industry

About SIMAG ApS

SIMAG ApS (CVR number: 27317561) is a company from HJØRRING. The company recorded a gross profit of 1215.9 kDKK in 2023. The operating profit was 1206.5 kDKK, while net earnings were 1168.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SIMAG ApS's liquidity measured by quick ratio was 7.2 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 profit-53.90-61.89-63.15-69.181 215.89
EBIT-91.41-99.40- 100.65- 106.691 206.52
Net earnings-58.22-65.26-64.82-64.641 168.22
Shareholders equity total9 877.699 812.439 747.619 682.9710 851.18
Balance sheet total (assets)10 204.8510 109.9210 014.209 910.4511 344.80
Net debt- 958.69- 357.61- 245.26- 330.09-2 127.03
Profitability
EBIT-%
ROA-0.7 %-0.8 %-0.8 %-0.8 %12.0 %
ROE-0.6 %-0.7 %-0.7 %-0.7 %11.4 %
ROI-0.7 %-0.8 %-0.8 %-0.8 %12.4 %
Economic value added (EVA)- 498.71- 517.43- 545.30- 552.78635.58
Solvency
Equity ratio96.8 %97.1 %97.3 %97.7 %95.6 %
Gearing1.7 %1.7 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio11.09.09.410.97.2
Current ratio11.09.09.410.97.2
Cash and cash equivalents1 123.47523.04403.07330.092 127.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.