SIMPLE CREATIONS ApS — Credit Rating and Financial Key Figures

CVR number: 34584184
Jernholmen 2, 2650 Hvidovre
us@simplecreations.dk
tel: 72177006
www.simplecreations.dk

Credit rating

Company information

Official name
SIMPLE CREATIONS ApS
Personnel
7 persons
Established
2012
Company form
Private limited company
Industry

About SIMPLE CREATIONS ApS

SIMPLE CREATIONS ApS (CVR number: 34584184) is a company from HVIDOVRE. The company recorded a gross profit of 3001.5 kDKK in 2023. The operating profit was 617.4 kDKK, while net earnings were 478.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 34.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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. SIMPLE CREATIONS ApS's liquidity measured by quick ratio was 4 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 profit1 675.4185.35128.073 304.183 001.52
EBIT1 003.31- 481.98- 801.361 490.59617.40
Net earnings775.70- 360.57- 809.271 394.25478.42
Shareholders equity total990.39629.82- 179.451 214.801 589.31
Balance sheet total (assets)3 054.622 347.594 458.563 339.575 322.69
Net debt- 394.80- 159.58-1 215.36- 953.19- 466.98
Profitability
EBIT-%
ROA54.7 %-13.6 %-22.9 %37.4 %14.4 %
ROE128.7 %-44.5 %-31.8 %49.2 %34.1 %
ROI164.1 %-44.4 %-247.5 %229.9 %42.8 %
Economic value added (EVA)784.48- 489.73- 824.871 476.62466.70
Solvency
Equity ratio32.4 %26.8 %-20.8 %69.5 %59.4 %
Gearing0.4 %-1.2 %5.6 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.14.75.74.0
Current ratio1.31.10.91.41.2
Cash and cash equivalents394.80161.791 217.511 021.39469.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBB

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.4%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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