Salto Systems ApS — Credit Rating and Financial Key Figures

CVR number: 36952733
Banegårdspladsen 1, 4400 Kalundborg
info.dk@saltosystems.com
tel: 48448811
saltosystems.com

Credit rating

Company information

Official name
Salto Systems ApS
Personnel
19 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Salto Systems ApS

Salto Systems ApS (CVR number: 36952733) is a company from KALUNDBORG. The company recorded a gross profit of 24.5 mDKK in 2023. The operating profit was 10.6 mDKK, while net earnings were 8100 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.3 %, which can be considered excellent and Return on Equity (ROE) was 64.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.1 %, 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. Salto Systems ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10 929.0015 023.5415 739.9224 084.4324 536.88
EBIT3 839.307 100.756 290.4513 123.6010 624.61
Net earnings2 752.955 366.534 779.129 981.688 099.95
Shareholders equity total5 461.108 227.638 006.7613 488.4411 688.40
Balance sheet total (assets)18 441.5926 201.3629 164.6128 231.8537 622.07
Net debt1 890.8011 297.949 965.911 189.3915 360.89
Profitability
EBIT-%
ROA19.5 %32.1 %23.0 %45.9 %33.3 %
ROE45.2 %78.4 %58.9 %92.9 %64.3 %
ROI26.8 %41.7 %28.9 %58.0 %41.5 %
Economic value added (EVA)2 881.655 546.484 530.2110 006.167 861.86
Solvency
Equity ratio29.6 %31.4 %27.5 %47.8 %31.1 %
Gearing141.3 %147.7 %182.1 %61.0 %156.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.01.31.91.4
Current ratio1.41.11.41.91.4
Cash and cash equivalents5 823.49855.544 618.247 040.972 968.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:33.3%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.1%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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