SIMONSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SIMONSEN A/S
SIMONSEN A/S (CVR number: 12646372) is a company from MORSØ. The company reported a net sales of 304.5 mDKK in 2024, demonstrating a decline of -3.7 % compared to the previous year. The operating profit percentage was at 15.3 % (EBIT: 46.7 mDKK), while net earnings were 37.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 53 %, which can be considered excellent and Return on Equity (ROE) was 112.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.6 %, 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. SIMONSEN A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 316 161.56 | 304 467.58 | |||
Gross profit | 52 967.86 | 70 035.98 | |||
EBIT | 31 009.32 | 46 668.72 | |||
Net earnings | 24 341.00 | 37 125.70 | |||
Shareholders equity total | 40 170.84 | 25 968.29 | |||
Balance sheet total (assets) | 85 241.70 | 97 739.40 | |||
Net debt | -24 537.45 | -32 275.76 | |||
Profitability | |||||
EBIT-% | 9.8 % | 15.3 % | |||
ROA | 37.6 % | 53.0 % | |||
ROE | 60.6 % | 112.3 % | |||
ROI | 58.1 % | 108.8 % | |||
Economic value added (EVA) | -1 211.16 | 24 121.19 | 33 477.80 | ||
Solvency | |||||
Equity ratio | 47.1 % | 26.6 % | |||
Gearing | 36.9 % | 30.2 % | |||
Relative net indebtedness % | 1.8 % | 10.3 % | |||
Liquidity | |||||
Quick ratio | 1.6 | 1.2 | |||
Current ratio | 1.8 | 1.3 | |||
Cash and cash equivalents | 39 352.66 | 40 130.42 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.1 | 52.7 | |||
Net working capital % | 11.6 % | 7.5 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | A | A |
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