SALLING AUTO A/S

SALLING AUTO A/S (CVR number: 33253656) is a company from SKIVE. The company recorded a gross profit of 2967.9 kDKK in 2022. The operating profit was 893.5 kDKK, while net earnings were 652.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 50.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SALLING AUTO A/S's liquidity measured by quick ratio was 2.3 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.