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Salling Group Ejendomme A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 1964 mDKK in 2025, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was at 43.1 % (EBIT: 846 mDKK), while net earnings were 526 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.6 %, 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 4.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 641.00 | 1 692.00 | 1 779.00 | 1 883.00 | 1 964.00 |
| Gross profit | 1 641.00 | 1 692.00 | 1 004.00 | 1 085.00 | 1 177.00 |
| EBIT | 660.00 | 741.00 | 695.00 | 753.00 | 846.00 |
| Net earnings | 415.00 | 485.00 | 467.00 | 466.00 | 526.00 |
| Shareholders equity total | 2 653.00 | 3 078.00 | 3 016.00 | 3 014.00 | 3 198.00 |
| Balance sheet total (assets) | 10 881.00 | 10 922.00 | 10 812.00 | 10 617.00 | 12 493.00 |
| Net debt | 7 113.00 | 6 869.00 | 8 539.00 | ||
| Profitability | |||||
| EBIT-% | 40.2 % | 43.8 % | 39.1 % | 40.0 % | 43.1 % |
| ROA | 6.0 % | 6.8 % | 6.8 % | 7.4 % | 7.6 % |
| ROE | 16.1 % | 16.9 % | 15.3 % | 15.5 % | 16.9 % |
| ROI | 6.0 % | 6.8 % | 6.8 % | 7.8 % | 8.2 % |
| Economic value added (EVA) | 534.68 | 607.69 | 410.77 | 58.22 | 168.55 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 27.9 % | 28.4 % | 25.6 % |
| Gearing | 235.8 % | 227.9 % | 267.0 % | ||
| Relative net indebtedness % | 408.5 % | 403.8 % | 473.3 % | ||
| Liquidity | |||||
| Quick ratio | 2.8 | 1.7 | 4.6 | ||
| Current ratio | 2.8 | 1.7 | 4.6 | ||
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 42.6 % | 18.0 % | 91.4 % | ||
| Credit risk | |||||
| Credit rating | A | A | A | AA | AA |
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