SALON TT ApS

CVR number: 35470972
Ydunsvej 48, 7800 Skive
salonttskive@gmail.com
tel: 97521106
salontt.dk

Credit rating

Company information

Official name
SALON TT ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry
  • Expand more icon96Other personal service activities

About SALON TT ApS

SALON TT ApS (CVR number: 35470972) is a company from SKIVE. The company recorded a gross profit of 110.7 kDKK in 2023. The operating profit was -13.3 kDKK, while net earnings were -5.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -74.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SALON TT ApS's liquidity measured by quick ratio was 0.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit265.39238.23312.7246.39110.65
EBIT-32.7310.6715.25-40.38-13.33
Net earnings-26.897.479.02-42.81-5.27
Shareholders equity total36.0043.4752.499.684.40
Balance sheet total (assets)108.80157.07131.5366.4189.60
Net debt-31.38-80.9246.0430.3350.77
Profitability
EBIT-%
ROA-25.3 %8.0 %10.6 %-40.8 %-17.1 %
ROE-54.4 %18.8 %18.8 %-137.7 %-74.9 %
ROI-58.8 %22.7 %20.9 %-56.8 %-27.4 %
Economic value added (EVA)-24.968.7013.88-41.73-9.85
Solvency
Equity ratio33.1 %27.7 %39.9 %14.6 %4.9 %
Gearing34.3 %5.1 %90.9 %333.7 %1155.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.00.20.4
Current ratio1.51.41.51.00.9
Cash and cash equivalents43.7483.141.701.960.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-17.1%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.92%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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