M. Simonsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M. Simonsen Holding ApS
M. Simonsen Holding ApS (CVR number: 40311734) is a company from FREDERIKSHAVN. The company recorded a gross profit of -3.1 kDKK in 2023. The operating profit was -3.1 kDKK, while net earnings were 154.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.3 %, which can be considered excellent and Return on Equity (ROE) was 47.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. M. Simonsen Holding ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.83 | -10.00 | -6.25 | -4.60 | -3.13 |
EBIT | -11.83 | -10.00 | -6.25 | -4.60 | -3.13 |
Net earnings | -23.10 | 100.71 | 264.77 | -47.91 | 154.27 |
Shareholders equity total | 46.90 | 147.61 | 412.38 | 249.67 | 403.94 |
Balance sheet total (assets) | 76.06 | 206.05 | 468.12 | 358.58 | 537.35 |
Net debt | 24.16 | 32.07 | - 124.77 | - 284.36 | - 231.21 |
Profitability | |||||
EBIT-% | |||||
ROA | -30.4 % | 69.2 % | 78.8 % | -10.7 % | 35.3 % |
ROE | -49.3 % | 103.6 % | 94.6 % | -14.5 % | 47.2 % |
ROI | -32.5 % | 77.9 % | 89.7 % | -13.3 % | 48.1 % |
Economic value added (EVA) | -11.83 | -5.17 | -3.05 | 9.65 | 0.82 |
Solvency | |||||
Equity ratio | 61.7 % | 71.6 % | 88.1 % | 69.6 % | 75.2 % |
Gearing | 51.5 % | 21.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 2.7 | 3.0 | 2.4 | |
Current ratio | 0.4 | 2.7 | 3.0 | 2.4 | |
Cash and cash equivalents | 124.77 | 284.36 | 231.21 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | A |
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