Simpelfit ApS — Credit Rating and Financial Key Figures

Simpelfit ApS (CVR number: 44131420) is a company from RINGSTED. The company reported a net sales of 2.6 mDKK in 2023. The operating profit percentage was at 8.8 % (EBIT: 0.2 mDKK), while net earnings were 179.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.1 %, which can be considered excellent and Return on Equity (ROE) was 133.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. Simpelfit ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.