SIMESTED CEMENTSTØBERI ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SIMESTED CEMENTSTØBERI ApS
SIMESTED CEMENTSTØBERI ApS (CVR number: 10977886) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 981.9 kDKK in 2023. The operating profit was 108.6 kDKK, while net earnings were -1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SIMESTED CEMENTSTØBERI ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 562.58 | 1 536.86 | 997.88 | 1 185.69 | 981.94 |
EBIT | 530.45 | 267.44 | - 268.45 | 66.04 | 108.65 |
Net earnings | 470.71 | 217.22 | - 269.86 | -16.30 | -1.00 |
Shareholders equity total | 7 951.73 | 6 168.95 | 5 899.09 | 5 882.79 | 5 881.79 |
Balance sheet total (assets) | 8 869.40 | 8 638.60 | 8 362.15 | 8 268.53 | 8 275.58 |
Net debt | -3 326.15 | -1 357.16 | -1 050.56 | -1 031.63 | -1 074.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 3.2 % | -3.0 % | 1.0 % | 1.6 % |
ROE | 6.1 % | 3.1 % | -4.5 % | -0.3 % | -0.0 % |
ROI | 7.1 % | 3.5 % | -3.3 % | 1.1 % | 1.7 % |
Economic value added (EVA) | 223.01 | 32.58 | - 368.39 | - 101.14 | -49.73 |
Solvency | |||||
Equity ratio | 89.7 % | 71.4 % | 70.5 % | 71.1 % | 71.1 % |
Gearing | 0.4 % | 27.0 % | 28.9 % | 28.9 % | 30.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.7 | 1.6 | 1.5 | 1.5 | 1.5 |
Current ratio | 5.4 | 1.9 | 1.9 | 1.9 | 2.0 |
Cash and cash equivalents | 3 357.74 | 3 021.77 | 2 756.74 | 2 731.05 | 2 889.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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