SIMONSEN A/S — Credit Rating and Financial Key Figures

CVR number: 12646372
Møgelvangs Plads 7, 7900 Nykøbing M
tel: 96691301
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Company information

Official name
SIMONSEN A/S
Personnel
18 persons
Established
1988
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales316 161.56304 467.58
Gross profit52 967.8670 035.98
EBIT31 009.3246 668.72
Net earnings24 341.0037 125.70
Shareholders equity total40 170.8425 968.29
Balance sheet total (assets)85 241.7097 739.40
Net debt-24 537.45-32 275.76
Profitability
EBIT-%9.8 %15.3 %
ROA37.6 %53.0 %
ROE60.6 %112.3 %
ROI58.1 %108.8 %
Economic value added (EVA)-1 211.1624 121.1933 477.80
Solvency
Equity ratio47.1 %26.6 %
Gearing36.9 %30.2 %
Relative net indebtedness %1.8 %10.3 %
Liquidity
Quick ratio1.61.2
Current ratio1.81.3
Cash and cash equivalents39 352.6640 130.42
Capital use efficiency
Trade debtors turnover (days)38.152.7
Net working capital %11.6 %7.5 %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:53.0%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.6%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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