SIMAG ApS — Credit Rating and Financial Key Figures

CVR number: 27317561
Cort Adelersvej 6, 9850 Hirtshals
Free credit report Annual report

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 2374.5 kDKK in 2024. The operating profit was 2374.5 kDKK, while net earnings were 2810.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.5 %, which can be considered excellent and Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.2 %, 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 12.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-61.89-63.15-69.181 215.892 374.50
EBIT-99.40- 100.65- 106.691 206.522 374.50
Net earnings-65.26-64.82-64.641 168.222 810.11
Shareholders equity total9 812.439 747.619 682.9710 851.1813 661.30
Balance sheet total (assets)10 109.9210 014.209 910.4511 344.8014 811.40
Net debt- 357.61- 245.26- 330.09-2 127.03-3 548.34
Profitability
EBIT-%
ROA-0.8 %-0.8 %-0.8 %12.0 %22.5 %
ROE-0.7 %-0.7 %-0.7 %11.4 %22.9 %
ROI-0.8 %-0.8 %-0.8 %12.4 %24.1 %
Economic value added (EVA)- 587.09- 584.40- 585.05615.321 746.44
Solvency
Equity ratio97.1 %97.3 %97.7 %95.6 %92.2 %
Gearing1.7 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio9.09.410.97.212.9
Current ratio9.09.410.97.212.9
Cash and cash equivalents523.04403.07330.092 127.033 548.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABB

Variable visualization

ROA:22.5%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.2%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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