Credit rating
Company information
About Grand Salon ApS
Grand Salon ApS (CVR number: 39524759) is a company from NYBORG. The company reported a net sales of 1.4 mDKK in 2022, demonstrating a growth of 21.4 % compared to the previous year. The operating profit percentage was at 4.5 % (EBIT: 0.1 mDKK), while net earnings were 43.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Grand Salon ApS's liquidity measured by quick ratio was 1.8 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 006.23 | 1 457.61 | 1 370.18 | 1 134.33 | 1 376.74 |
Gross profit | 813.18 | 1 180.24 | 1 129.54 | 889.24 | 1 095.95 |
EBIT | 99.07 | 195.71 | 241.99 | 14.63 | 61.73 |
Net earnings | 75.09 | 151.30 | 181.24 | 8.50 | 43.06 |
Shareholders equity total | 125.09 | 222.38 | 348.32 | 301.52 | 288.08 |
Balance sheet total (assets) | 382.70 | 440.05 | 874.45 | 654.00 | 604.40 |
Net debt | - 276.65 | - 394.01 | - 768.96 | - 560.11 | - 545.54 |
Profitability | |||||
EBIT-% | 9.8 % | 13.4 % | 17.7 % | 1.3 % | 4.5 % |
ROA | 25.9 % | 47.6 % | 36.8 % | 1.9 % | 9.8 % |
ROE | 60.0 % | 87.1 % | 63.5 % | 2.6 % | 14.6 % |
ROI | 56.0 % | 98.1 % | 80.3 % | 4.3 % | 20.9 % |
Economic value added (EVA) | 77.02 | 162.86 | 192.52 | 34.16 | 58.57 |
Solvency | |||||
Equity ratio | 32.7 % | 50.5 % | 39.8 % | 46.1 % | 47.7 % |
Gearing | 41.3 % | 9.2 % | |||
Relative net indebtedness % | -7.0 % | -12.1 % | -20.1 % | -18.3 % | -16.6 % |
Liquidity | |||||
Quick ratio | 1.4 | 2.2 | 1.6 | 1.7 | 1.8 |
Current ratio | 1.4 | 2.3 | 1.6 | 1.7 | 1.8 |
Cash and cash equivalents | 328.36 | 394.01 | 801.10 | 560.11 | 545.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 10.2 % | 15.6 % | 22.8 % | 21.6 % | 18.0 % |
Credit risk | |||||
Credit rating | B | B | BB | B | BB |
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