SIMTO ApS — Credit Rating and Financial Key Figures

SIMTO ApS (CVR number: 36044799) is a company from MARIAGERFJORD. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 1388.1 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 0 mDKK), while net earnings were 4.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SIMTO ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.