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Shine Salary ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Shine Salary ApS
Shine Salary ApS (CVR number: 37628409) is a company from KØBENHAVN. The company recorded a gross profit of 6841.3 kDKK in 2025. The operating profit was -569.6 kDKK, while net earnings were -578.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -9.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.7 %, 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. Shine Salary ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 103.71 | 234.55 | 1 125.73 | 4 580.52 | 6 841.34 |
| EBIT | -3 587.64 | -4 793.38 | -2 526.15 | - 926.78 | - 569.65 |
| Net earnings | -3 762.03 | -4 828.07 | -2 548.03 | - 943.01 | - 578.56 |
| Shareholders equity total | 4 220.66 | 4 892.59 | 7 344.56 | 6 401.54 | 5 822.98 |
| Balance sheet total (assets) | 5 378.88 | 5 971.43 | 8 164.49 | 8 077.37 | 9 594.17 |
| Net debt | -1 673.89 | - 335.21 | -1 105.28 | - 568.78 | -1 886.49 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -58.1 % | -84.5 % | -35.7 % | -11.4 % | -6.4 % |
| ROE | -91.7 % | -106.0 % | -41.6 % | -13.7 % | -9.5 % |
| ROI | -70.3 % | -105.2 % | -41.3 % | -13.5 % | -9.2 % |
| Economic value added (EVA) | -3 787.77 | -5 005.47 | -2 772.00 | -1 295.84 | - 892.34 |
| Solvency | |||||
| Equity ratio | 78.5 % | 81.9 % | 90.0 % | 79.3 % | 60.7 % |
| Gearing | 0.3 % | 0.3 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 0.5 | 1.5 | 0.4 | 0.6 |
| Current ratio | 1.7 | 0.5 | 1.5 | 0.4 | 0.6 |
| Cash and cash equivalents | 1 673.89 | 335.21 | 1 105.28 | 589.08 | 1 906.80 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | BB | BBB | BBB |
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