RABENS SALONER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RABENS SALONER A/S
RABENS SALONER A/S (CVR number: 31590434) is a company from KØBENHAVN. The company recorded a gross profit of 26.3 mDKK in 2023. The operating profit was -87.9 kDKK, while net earnings were -198.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RABENS SALONER A/S's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22 309.89 | 19 438.15 | 29 000.80 | 28 743.94 | 26 284.96 |
EBIT | 305.92 | -1 368.44 | 3 314.09 | 267.25 | -87.94 |
Net earnings | 522.55 | -1 210.36 | 2 551.17 | 761.66 | - 198.15 |
Shareholders equity total | 11 543.09 | 10 154.43 | 12 916.54 | 13 475.34 | 12 909.91 |
Balance sheet total (assets) | 25 576.13 | 28 115.95 | 27 494.07 | 28 076.34 | 21 464.06 |
Net debt | 10 369.36 | 4 136.70 | 546.91 | 4 698.26 | 3 608.86 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.6 % | -2.3 % | 14.0 % | 6.1 % | 1.3 % |
ROE | 4.6 % | -11.2 % | 22.1 % | 5.8 % | -1.5 % |
ROI | 6.5 % | -3.2 % | 23.6 % | 9.7 % | 1.8 % |
Economic value added (EVA) | - 327.08 | -1 635.57 | 2 049.34 | - 277.73 | - 704.31 |
Solvency | |||||
Equity ratio | 45.1 % | 36.1 % | 47.0 % | 48.0 % | 60.1 % |
Gearing | 95.4 % | 43.3 % | 19.4 % | 36.6 % | 31.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.3 | 1.5 | 1.5 | 1.9 |
Current ratio | 1.6 | 1.5 | 1.8 | 1.9 | 2.5 |
Cash and cash equivalents | 638.67 | 257.77 | 1 961.14 | 234.54 | 431.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AA | AA | A |
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