Salling Group Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 21503894
Rosbjergvej 33, Årslev 8220 Brabrand

Company information

Official name
Salling Group Ejendomme A/S
Established
1999
Domicile
Årslev
Company form
Limited company
Industry

About Salling Group Ejendomme A/S

Salling Group Ejendomme A/S (CVR number: 21503894) is a company from AARHUS. The company reported a net sales of 1779 mDKK in 2023, demonstrating a growth of 5.1 % compared to the previous year. The operating profit percentage was at 39.1 % (EBIT: 695 mDKK), while net earnings were 467 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.9 %, 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. Salling Group Ejendomme A/S's liquidity measured by quick ratio was 2.8 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 488.001 553.001 641.001 692.001 779.00
Gross profit1 488.001 553.001 641.001 031.001 004.00
EBIT613.00644.00660.00741.00695.00
Net earnings343.00378.00415.00485.00467.00
Shareholders equity total2 378.002 494.002 653.003 078.003 016.00
Balance sheet total (assets)10 577.0011 136.0010 881.0010 922.0010 812.00
Net debt7 235.007 113.00
Profitability
EBIT-%41.2 %41.5 %40.2 %43.8 %39.1 %
ROA5.4 %5.9 %6.0 %6.9 %6.8 %
ROE14.7 %15.5 %16.1 %16.9 %15.3 %
ROI5.4 %5.9 %6.0 %7.0 %6.9 %
Economic value added (EVA)40.75524.51534.68448.2262.34
Solvency
Equity ratio100.0 %100.0 %100.0 %28.2 %27.9 %
Gearing235.3 %235.8 %
Relative net indebtedness %433.5 %408.5 %
Liquidity
Quick ratio5.02.8
Current ratio5.02.8
Cash and cash equivalents6.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %58.2 %42.6 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:6.78%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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