Credit rating
Company information
About SALEMATE EUROPE ApS
SALEMATE EUROPE ApS (CVR number: 34701881) is a company from KØBENHAVN. The company recorded a gross profit of 2055 kDKK in 2021. The operating profit was -22.6 kDKK, while net earnings were 23.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 20.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SALEMATE EUROPE ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 974.33 | 2 525.70 | 3 330.86 | 1 242.07 | 2 054.98 |
EBIT | 563.99 | 302.99 | 829.44 | 151.91 | -22.55 |
Net earnings | 385.42 | 238.95 | 637.54 | 98.14 | 23.88 |
Shareholders equity total | 625.71 | 564.67 | 1 002.21 | 500.35 | 524.23 |
Balance sheet total (assets) | 2 543.41 | 4 069.90 | 3 058.77 | 3 337.82 | 3 177.27 |
Net debt | 496.39 | 1 815.90 | 318.21 | 856.54 | 1 202.46 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.8 % | 9.6 % | 23.3 % | 4.7 % | 1.2 % |
ROE | 60.9 % | 40.1 % | 81.4 % | 13.1 % | 4.7 % |
ROI | 48.9 % | 15.4 % | 33.8 % | 6.3 % | 1.5 % |
Economic value added (EVA) | 408.56 | 218.45 | 639.77 | 108.77 | 26.14 |
Solvency | |||||
Equity ratio | 31.5 % | 18.0 % | 40.9 % | 17.6 % | 20.9 % |
Gearing | 110.3 % | 385.4 % | 110.1 % | 440.0 % | 316.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.5 | 2.1 | 1.4 | 1.6 |
Current ratio | 1.3 | 1.1 | 1.4 | 1.2 | 1.2 |
Cash and cash equivalents | 194.06 | 360.12 | 784.95 | 1 344.92 | 457.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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