SAALET ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SAALET ApS
SAALET ApS (CVR number: 34085587) is a company from FAVRSKOV. The company recorded a gross profit of -1.5 kDKK in 2023. The operating profit was -1.5 kDKK, while net earnings were -3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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. SAALET ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.45 | 54.25 | 26.30 | 62.34 | -1.54 |
EBIT | -22.96 | 10.24 | -14.14 | 34.08 | -1.54 |
Net earnings | -20.59 | 7.73 | -11.45 | 27.41 | -3.03 |
Shareholders equity total | 120.05 | 127.78 | 116.33 | 143.74 | 140.70 |
Balance sheet total (assets) | 203.44 | 230.81 | 276.91 | 236.31 | 236.90 |
Net debt | 40.98 | -10.54 | -39.84 | -17.37 | -10.48 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.9 % | 4.7 % | -5.6 % | 13.3 % | -0.7 % |
ROE | -15.8 % | 6.2 % | -9.4 % | 21.1 % | -2.1 % |
ROI | -15.0 % | 7.1 % | -11.6 % | 26.2 % | -1.1 % |
Economic value added (EVA) | -23.29 | 1.97 | -16.98 | 23.91 | -7.89 |
Solvency | |||||
Equity ratio | 59.0 % | 55.4 % | 42.0 % | 60.8 % | 59.4 % |
Gearing | 34.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.2 | 0.7 | 0.6 | 0.5 |
Current ratio | 2.4 | 2.2 | 1.7 | 2.6 | 2.5 |
Cash and cash equivalents | 0.30 | 10.54 | 39.84 | 17.37 | 10.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BBB | BB |
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