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Grand Salon ApS — Credit Rating and Financial Key Figures
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 1.1 mDKK in 2025, demonstrating a decline of -1.8 % compared to the previous year. The operating profit percentage was at 5.5 % (EBIT: 0.1 mDKK), while net earnings were 43.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good and Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Grand Salon ApS's liquidity measured by quick ratio was 2.7 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 134.33 | 1 376.74 | 1 236.86 | 1 135.22 | 1 115.31 |
| Gross profit | 889.24 | 1 095.95 | 976.34 | 867.58 | 847.23 |
| EBIT | 14.63 | 61.73 | 118.88 | 48.94 | 60.80 |
| Net earnings | 8.50 | 43.06 | 90.99 | 44.90 | 43.13 |
| Shareholders equity total | 301.52 | 288.08 | 337.32 | 323.32 | 305.45 |
| Balance sheet total (assets) | 654.00 | 604.40 | 529.11 | 477.21 | 475.73 |
| Net debt | - 560.11 | - 545.54 | - 485.79 | - 404.01 | - 328.77 |
| Profitability | |||||
| EBIT-% | 1.3 % | 4.5 % | 9.6 % | 4.3 % | 5.5 % |
| ROA | 1.9 % | 9.8 % | 21.2 % | 11.5 % | 14.7 % |
| ROE | 2.6 % | 14.6 % | 29.1 % | 13.6 % | 13.7 % |
| ROI | 4.3 % | 20.9 % | 38.4 % | 17.4 % | 22.3 % |
| Economic value added (EVA) | -7.71 | 30.43 | 75.66 | 21.20 | 22.02 |
| Solvency | |||||
| Equity ratio | 46.1 % | 47.7 % | 63.8 % | 67.8 % | 64.2 % |
| Gearing | |||||
| Relative net indebtedness % | -18.3 % | -16.6 % | -23.8 % | -22.0 % | -14.2 % |
| Liquidity | |||||
| Quick ratio | 1.7 | 1.8 | 2.6 | 3.0 | 2.7 |
| Current ratio | 1.7 | 1.8 | 2.6 | 3.1 | 2.8 |
| Cash and cash equivalents | 560.11 | 545.54 | 485.79 | 404.01 | 328.77 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 21.6 % | 18.0 % | 25.5 % | 27.9 % | 27.0 % |
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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