KØBMAND HERMAN SALLINGS FOND — Credit Rating and Financial Key Figures

CVR number: 53520413
Rosbjergvej 33-35, Årslev 8220 Brabrand

Company information

Official name
KØBMAND HERMAN SALLINGS FOND
Established
1964
Domicile
Årslev
Industry

About KØBMAND HERMAN SALLINGS FOND

KØBMAND HERMAN SALLINGS FOND (CVR number: 53520413) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -6932 kDKK, while net earnings were 179 mDKK. The profitability of the company measured by Return on Assets (ROA) was 41.4 %, which can be considered excellent and Return on Equity (ROE) was 294.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KØBMAND HERMAN SALLINGS FOND's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit
EBIT-4 540.00-5 580.00-6 740.00-6 567.00-6 932.00
Net earnings164 802.00363 596.00164 881.00174 966.00178 997.00
Shareholders equity total109 188.00292 543.0076 819.0063 638.0057 772.00
Balance sheet total (assets)446 257.00597 370.00338 506.00402 090.00463 639.00
Net debt-22 758.00-43 119.00-9 259.00-6 460.00-9 197.00
Profitability
EBIT-%
ROA38.8 %69.8 %35.3 %47.3 %41.4 %
ROE201.6 %181.0 %89.3 %249.1 %294.9 %
ROI201.9 %181.0 %89.1 %248.0 %293.9 %
Economic value added (EVA)-7 266.87-11 081.77-21 463.40-10 454.64-10 134.83
Solvency
Equity ratio24.5 %49.0 %22.7 %15.8 %12.5 %
Gearing0.3 %0.2 %0.7 %0.2 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.91.21.11.1
Current ratio1.31.91.21.11.1
Cash and cash equivalents23 058.0043 579.009 806.006 560.009 504.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:41.4%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.5%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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