SALMOLOGIC HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SALMOLOGIC HOLDING ApS
SALMOLOGIC HOLDING ApS (CVR number: 30538463) is a company from THISTED. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 29 % compared to the previous year. The operating profit percentage was at 97.8 % (EBIT: 0.2 mDKK), while net earnings were 203 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.7 %, 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. SALMOLOGIC HOLDING ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8.44 | 10.15 | 210.59 | 153.97 | 198.56 |
Gross profit | 4.56 | 6.28 | 206.72 | 149.97 | 194.28 |
EBIT | 4.56 | 6.28 | 206.72 | 149.97 | 194.28 |
Net earnings | 3.35 | 5.97 | 205.14 | 153.13 | 202.98 |
Shareholders equity total | 534.72 | 540.69 | 745.83 | 898.96 | 1 101.94 |
Balance sheet total (assets) | 1 648.58 | 1 684.77 | 1 772.84 | 1 968.76 | 2 263.92 |
Net debt | |||||
Profitability | |||||
EBIT-% | 54.1 % | 61.8 % | 98.2 % | 97.4 % | 97.8 % |
ROA | 2.8 % | 2.9 % | 14.4 % | 10.5 % | 13.0 % |
ROE | 0.6 % | 1.1 % | 31.9 % | 18.6 % | 20.3 % |
ROI | 8.6 % | 9.0 % | 38.7 % | 23.8 % | 27.6 % |
Economic value added (EVA) | -22.14 | -20.59 | 181.13 | 112.75 | 147.94 |
Solvency | |||||
Equity ratio | 32.4 % | 32.1 % | 42.1 % | 45.7 % | 48.7 % |
Gearing | |||||
Relative net indebtedness % | 13202.0 % | 11268.4 % | 487.7 % | 694.8 % | 585.2 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.0 | 1.2 | 1.1 |
Current ratio | 1.0 | 1.0 | 1.0 | 1.2 | 1.1 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -291.9 % | -283.8 % | -16.3 % | 107.1 % | 85.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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