Salling IT Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 40444653
Tjelevej 26, Tjørring 7400 Herning
msp@sallingit.dk
tel: 25770716
www.sallingit.dk

Company information

Official name
Salling IT Solutions ApS
Personnel
2 persons
Established
2019
Domicile
Tjørring
Company form
Private limited company
Industry

About Salling IT Solutions ApS

Salling IT Solutions ApS (CVR number: 40444653) is a company from HERNING. The company recorded a gross profit of 1000.2 kDKK in 2024. The operating profit was 216.6 kDKK, while net earnings were 194.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 88.2 %, which can be considered excellent and Return on Equity (ROE) was 208.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.5 %, 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 IT Solutions ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit730.80980.41446.61555.261 000.17
EBIT92.76355.49- 150.51- 133.42216.64
Net earnings65.95274.62- 122.91- 165.70194.44
Shareholders equity total187.70462.3239.41- 126.2868.16
Balance sheet total (assets)433.44717.15532.18118.17247.48
Net debt-69.16- 445.6341.4719.11- 104.70
Profitability
EBIT-%
ROA26.1 %61.8 %-24.1 %-34.4 %88.2 %
ROE42.6 %84.5 %-49.0 %-210.3 %208.7 %
ROI59.1 %109.1 %-37.5 %-68.5 %366.1 %
Economic value added (EVA)64.12267.59- 141.45- 182.52201.79
Solvency
Equity ratio43.3 %64.5 %7.4 %-51.7 %27.5 %
Gearing761.1 %-39.6 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.30.90.51.4
Current ratio1.52.81.10.51.4
Cash and cash equivalents69.16445.63258.5330.89105.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:88.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.5%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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