SIMP Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37372013
Egeskov Skovvej 12, Egeskov 7000 Fredericia

Credit rating

Company information

Official name
SIMP Holding ApS
Established
2016
Domicile
Egeskov
Company form
Private limited company
Industry

About SIMP Holding ApS

SIMP Holding ApS (CVR number: 37372013) is a company from FREDERICIA. The company recorded a gross profit of -10.3 kDKK in 2023. The operating profit was -10.3 kDKK, while net earnings were 286.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.9 %, 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. SIMP Holding ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-6.95-7.42-26.43-7.71-10.34
EBIT-6.95-7.42-26.43-7.71-10.34
Net earnings576.67956.44481.44113.99286.69
Shareholders equity total1 928.772 885.212 866.652 866.241 652.93
Balance sheet total (assets)3 578.714 478.244 526.983 833.282 954.47
Net debt1 082.891 585.431 095.83800.181 284.76
Profitability
EBIT-%
ROA19.6 %23.6 %11.6 %3.5 %9.3 %
ROE35.2 %39.7 %16.7 %4.0 %12.7 %
ROI24.2 %25.4 %11.6 %3.6 %9.3 %
Economic value added (EVA)144.31173.62149.70200.2599.03
Solvency
Equity ratio53.9 %64.4 %63.3 %74.8 %55.9 %
Gearing56.1 %55.0 %57.7 %33.5 %78.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.40.20.0
Current ratio0.00.00.40.20.0
Cash and cash equivalents0.020.10557.00159.379.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.26%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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