K. & S. SIMONSEN ApS — Credit Rating and Financial Key Figures

CVR number: 53699111
Molsvej 25, 8410 Rønde
tel: 86371161

Company information

Official name
K. & S. SIMONSEN ApS
Personnel
1 person
Established
1975
Company form
Private limited company
Industry

About K. & S. SIMONSEN ApS

K. & S. SIMONSEN ApS (CVR number: 53699111) is a company from SYDDJURS. The company recorded a gross profit of 329.4 kDKK in 2023. The operating profit was 175.2 kDKK, while net earnings were 137.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. K. & S. SIMONSEN ApS's liquidity measured by quick ratio was 2.7 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 profit349.96328.02337.67394.43329.39
EBIT101.71289.82165.48186.85175.18
Net earnings76.64229.07134.76113.33137.14
Shareholders equity total2 004.961 833.041 967.792 081.122 218.26
Balance sheet total (assets)2 751.352 601.782 787.662 804.882 922.07
Net debt-1 018.72- 485.13- 667.86- 947.90-1 074.19
Profitability
EBIT-%
ROA3.6 %11.2 %6.9 %6.7 %6.7 %
ROE3.9 %11.9 %7.1 %5.6 %6.4 %
ROI4.2 %13.0 %7.7 %7.5 %7.5 %
Economic value added (EVA)46.97181.4381.78105.0595.55
Solvency
Equity ratio72.9 %70.5 %70.6 %74.2 %75.9 %
Gearing4.9 %15.7 %17.9 %8.3 %8.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.61.92.32.7
Current ratio2.11.71.92.42.8
Cash and cash equivalents1 116.90773.781 020.341 120.201 257.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:6.68%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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