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: 35954716) is a company from AARHUS. The company reported a net sales of -50955 mDKK in 2024, demonstrating a decline of 3.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: 2297 mDKK), while net earnings were 1709 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, 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 37.1 %, 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. 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 sales206 000.00-47 012 000.00-46 816 000.00-49 386 000.00-50 955 000.00
Gross profit13 585 000.0014 641 000.0014 426 000.0014 947 000.0015 620 000.00
EBIT1 932 000.002 176 000.001 561 000.002 019 000.002 297 000.00
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)35 953 000.0037 392 000.0035 306 000.0036 083 000.0037 280 000.00
Net debt-2 572 000.00-1 060 000.001 754 000.00934 000.00130 000.00
Profitability
EBIT-%937.9 %
ROA8.2 %8.4 %5.4 %7.6 %7.9 %
ROE26.8 %22.8 %9.8 %14.0 %13.1 %
ROI12.2 %12.5 %7.8 %10.5 %10.7 %
Economic value added (EVA)1 959 493.772 141 615.991 714 375.051 947 663.262 130 258.80
Solvency
Equity ratio21.2 %25.1 %29.5 %34.0 %37.1 %
Gearing37.7 %29.7 %29.6 %19.3 %15.5 %
Relative net indebtedness %11116.5 %-51.3 %-50.4 %-45.4 %-42.0 %
Liquidity
Quick ratio0.40.30.20.20.3
Current ratio0.70.60.50.50.6
Cash and cash equivalents5 443 000.003 852 000.001 323 000.001 429 000.002 019 000.00
Capital use efficiency
Trade debtors turnover (days)85.0-0.3-0.4-0.3-0.4
Net working capital %-4402.4 %19.2 %17.0 %14.4 %11.6 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.94%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.1%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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