SALON HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29529647
Engmarksvej 5, 2670 Greve

Company information

Official name
SALON HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About SALON HOLDING ApS

SALON HOLDING ApS (CVR number: 29529647) is a company from GREVE. The company recorded a gross profit of 325 kDKK in 2023. The operating profit was 290.1 kDKK, while net earnings were 206 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. SALON HOLDING ApS's liquidity measured by quick ratio was 0.1 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 profit321.13328.57299.96292.26325.02
EBIT286.24293.69265.08257.38290.14
Net earnings309.59354.03185.72189.94206.02
Shareholders equity total1 167.251 410.681 483.401 558.941 706.05
Balance sheet total (assets)5 153.985 233.835 123.935 037.554 952.44
Net debt2 826.872 681.362 370.142 365.702 176.37
Profitability
EBIT-%
ROA8.9 %9.5 %6.2 %6.2 %6.5 %
ROE29.0 %27.5 %12.8 %12.5 %12.6 %
ROI11.2 %11.8 %7.7 %7.7 %8.0 %
Economic value added (EVA)67.6980.3852.8948.0269.84
Solvency
Equity ratio22.6 %27.0 %29.0 %30.9 %34.4 %
Gearing243.1 %191.3 %168.5 %152.3 %128.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.10.1
Current ratio0.10.10.20.10.1
Cash and cash equivalents10.6117.92128.858.0513.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:6.49%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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