Simpelthen A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Simpelthen A/S
Simpelthen A/S (CVR number: 41297867) is a company from KØBENHAVN. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 131.5 % compared to the previous year. The operating profit percentage was at 10.8 % (EBIT: 0 mDKK), while net earnings were 20.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Simpelthen A/S's liquidity measured by quick ratio was 137.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 55.99 | 145.38 | 86.14 | 199.38 |
Gross profit | 18.79 | 11.24 | 49.99 | 21.54 |
EBIT | 18.79 | 1.97 | -16.11 | 21.54 |
Net earnings | 17.62 | -4.34 | -17.94 | 20.65 |
Shareholders equity total | 417.62 | 413.29 | 395.35 | 398.38 |
Balance sheet total (assets) | 440.31 | 413.29 | 402.20 | 401.30 |
Net debt | - 378.69 | - 399.23 | - 394.91 | - 400.72 |
Profitability | ||||
EBIT-% | 33.6 % | 1.4 % | -18.7 % | 10.8 % |
ROA | 4.3 % | 0.5 % | -4.0 % | 5.4 % |
ROE | 4.2 % | -1.0 % | -4.4 % | 5.2 % |
ROI | 4.3 % | 0.5 % | -4.0 % | 5.4 % |
Economic value added (EVA) | 18.79 | 1.02 | -15.93 | 22.51 |
Solvency | ||||
Equity ratio | 94.8 % | 100.0 % | 98.3 % | 99.3 % |
Gearing | 4.8 % | 1.6 % | ||
Relative net indebtedness % | -671.5 % | -274.6 % | -457.9 % | -199.5 % |
Liquidity | ||||
Quick ratio | 19.4 | 58.7 | 137.4 | |
Current ratio | 19.4 | 58.7 | 137.4 | |
Cash and cash equivalents | 398.70 | 399.23 | 401.30 | 400.72 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 745.9 % | 274.7 % | 459.0 % | 199.8 % |
Credit risk | ||||
Credit rating | BB | BB | B | BB |
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