Salling Group Ejendomme II ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Salling Group Ejendomme II ApS
Salling Group Ejendomme II ApS (CVR number: 10407702) is a company from AARHUS. The company recorded a gross profit of 3313 kDKK in 2023. The operating profit was 21.3 mDKK, while net earnings were 14.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.1 %, 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. Salling Group Ejendomme II ApS's liquidity measured by quick ratio was 0 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 23 052.00 | 22 071.00 | 22 401.00 | 23 856.00 | 3 313.00 |
EBIT | 27 423.00 | 22 005.00 | 26 527.00 | 10 903.00 | 21 312.00 |
Net earnings | 18 785.00 | 14 865.00 | 19 015.00 | 5 816.00 | 14 461.00 |
Shareholders equity total | 157 670.00 | 172 535.00 | 191 550.00 | 197 366.00 | 211 827.00 |
Balance sheet total (assets) | 329 044.00 | 339 761.00 | 356 948.00 | 351 496.00 | 320 608.00 |
Net debt | 110 134.00 | 99 063.00 | 76 372.00 | 60 074.00 | 59 929.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.6 % | 6.6 % | 7.6 % | 3.2 % | 6.5 % |
ROE | 12.7 % | 9.0 % | 10.4 % | 3.0 % | 7.1 % |
ROI | 8.8 % | 6.8 % | 7.9 % | 3.3 % | 6.6 % |
Economic value added (EVA) | 8 674.59 | 9 826.57 | 12 822.18 | -4 582.54 | 8 550.17 |
Solvency | |||||
Equity ratio | 47.9 % | 50.8 % | 53.7 % | 56.2 % | 66.1 % |
Gearing | 77.2 % | 66.7 % | 56.1 % | 50.7 % | 28.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 1.5 | 0.4 | 0.0 |
Current ratio | 0.1 | 0.1 | 1.5 | 0.4 | 0.0 |
Cash and cash equivalents | 11 659.00 | 15 937.00 | 31 128.00 | 39 926.00 | 404.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | A | A |
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