F. SALLING INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About F. SALLING INVEST A/S
F. SALLING INVEST A/S (CVR number: 24574628K) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 21 mDKK, while net earnings were 627 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. F. SALLING INVEST A/S's liquidity measured by quick ratio was 0.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | 18 000.00 | 18 000.00 | 19 000.00 | 19 000.00 | 21 000.00 |
Net earnings | 879 000.00 | 783 000.00 | 821 000.00 | 329 000.00 | 627 000.00 |
Shareholders equity total | 8 908 000.00 | 9 482 000.00 | 10 029 000.00 | 10 372 000.00 | 11 128 000.00 |
Balance sheet total (assets) | 10 204 000.00 | 10 841 000.00 | 11 515 000.00 | 11 633 000.00 | 12 473 000.00 |
Net debt | 184 000.00 | 196 000.00 | 179 000.00 | 223 000.00 | 205 000.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.1 % | 7.5 % | 7.4 % | 2.9 % | 5.6 % |
ROE | 10.4 % | 8.5 % | 8.4 % | 3.2 % | 5.8 % |
ROI | 9.1 % | 7.5 % | 7.4 % | 2.9 % | 5.6 % |
Economic value added (EVA) | 35 392.98 | 67 126.50 | 91 561.00 | 138 997.00 | 150 068.25 |
Solvency | |||||
Equity ratio | 87.3 % | 87.5 % | 87.1 % | 89.2 % | 89.2 % |
Gearing | 2.8 % | 2.6 % | 2.4 % | 2.3 % | 2.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.5 | 0.4 | 0.3 | 0.3 |
Current ratio | 0.4 | 0.5 | 0.4 | 0.3 | 0.3 |
Cash and cash equivalents | 61 000.00 | 49 000.00 | 65 000.00 | 20 000.00 | 37 000.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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