Salling Group A/S — Credit Rating and Financial Key Figures

CVR number: 35954716
Rosbjergvej 33, Årslev 8220 Brabrand
tel: 87785000

Company information

Official name
Salling Group A/S
Personnel
42129 persons
Established
1956
Domicile
Årslev
Company form
Limited company
Industry

About Salling Group A/S

Salling Group A/S (CVR number: 35954716K) is a company from AARHUS. The company reported a net sales of -71616 mDKK in 2024, demonstrating a decline of 2.6 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: 2693 mDKK), while net earnings were 1709 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.2 %, 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 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales366 000.00-65 759 000.00-66 026 000.00-69 794 000.00-71 616 000.00
Gross profit17 061 000.0018 917 000.0018 942 000.0019 736 000.0020 760 000.00
EBIT2 818 000.002 952 000.001 940 000.002 421 000.002 693 000.00
Net earnings1 852 000.001 942 000.00972 000.001 587 000.001 709 000.00
Shareholders equity total7 610 000.009 401 000.0010 400 000.0012 255 000.0013 836 000.00
Balance sheet total (assets)37 533 000.0040 719 000.0038 030 000.0038 961 000.0040 426 000.00
Net debt2 764 000.003 591 000.006 616 000.006 121 000.005 001 000.00
Profitability
EBIT-%769.9 %
ROA7.8 %7.8 %5.1 %6.9 %7.3 %
ROE26.8 %22.8 %9.8 %14.0 %13.1 %
ROI13.0 %12.9 %8.1 %10.3 %10.7 %
Economic value added (EVA)1 761 380.311 834 330.60776 293.411 057 246.441 170 829.53
Solvency
Equity ratio20.3 %23.1 %27.3 %31.5 %34.2 %
Gearing114.9 %90.4 %82.2 %65.9 %56.1 %
Relative net indebtedness %6542.1 %-40.2 %-38.9 %-35.5 %-33.3 %
Liquidity
Quick ratio0.40.30.20.20.3
Current ratio0.80.70.60.70.7
Cash and cash equivalents5 979 000.004 903 000.001 928 000.001 961 000.002 765 000.00
Capital use efficiency
Trade debtors turnover (days)71.8-0.5-0.4-0.6-0.5
Net working capital %-2258.7 %13.2 %9.8 %7.9 %6.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.34%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.2%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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