SIMON GLUE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29781931
Oehlenschlægersvej 59, 5230 Odense M

Credit rating

Company information

Official name
SIMON GLUE HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About SIMON GLUE HOLDING ApS

SIMON GLUE HOLDING ApS (CVR number: 29781931) is a company from ODENSE. The company recorded a gross profit of 3.4 kDKK in 2023. The operating profit was 3.4 kDKK, while net earnings were 941.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SIMON GLUE HOLDING ApS's liquidity measured by quick ratio was 62 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-3.75-3.75-9.00-13.003.42
EBIT-3.75-3.75-9.00-13.003.42
Net earnings- 468.05425.99- 618.0082.00941.05
Shareholders equity total11 583.1211 953.8011 279.0011 304.0012 185.84
Balance sheet total (assets)11 592.8411 957.5311 287.0011 336.0012 383.68
Net debt-2 226.99-3 221.90-7 008.00-10 548.00-12 105.70
Profitability
EBIT-%
ROA-2.8 %5.1 %5.5 %3.8 %10.8 %
ROE-4.0 %3.6 %-5.3 %0.7 %8.0 %
ROI-2.8 %5.1 %3.5 %3.6 %10.7 %
Economic value added (EVA)-67.94- 444.21- 432.83- 217.12-32.01
Solvency
Equity ratio99.9 %100.0 %99.9 %99.7 %98.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio983.72 459.4927.9352.362.0
Current ratio983.72 459.4927.9352.362.0
Cash and cash equivalents2 226.993 221.907 008.0010 548.0012 105.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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