Above the Salt ApS — Credit Rating and Financial Key Figures

CVR number: 38040561
Dampfærgevej 16, 2100 København Ø
rie@syltet.dk
tel: 25338105

Credit rating

Company information

Official name
Above the Salt ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Above the Salt ApS

Above the Salt ApS (CVR number: 38040561) is a company from KØBENHAVN. The company recorded a gross profit of -9 kDKK in 2021. The operating profit was -9 kDKK, while net earnings were -9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23 %, which can be considered poor and Return on Equity (ROE) was -30.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71 %, 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. Above the Salt ApS's liquidity measured by quick ratio was 2.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-77.0611.54492.4650.59-9.03
EBIT- 117.63- 125.21257.8950.59-9.03
Net earnings- 119.79- 118.40242.9143.63-9.03
Shareholders equity total- 160.40- 278.80-35.8933.7324.71
Balance sheet total (assets)82.6693.9183.1043.8434.82
Net debt12.25-63.71-81.51-37.84-28.82
Profitability
EBIT-%
ROA-65.1 %-40.7 %104.9 %62.1 %-23.0 %
ROE-149.4 %-134.1 %274.5 %74.7 %-30.9 %
ROI-1773.8 %-1888.2 %299.9 %-30.9 %
Economic value added (EVA)- 115.08- 110.22260.5049.76-8.82
Solvency
Equity ratio-66.0 %-74.8 %-30.2 %76.9 %71.0 %
Gearing-8.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.77.62.9
Current ratio0.30.30.77.62.9
Cash and cash equivalents1.0163.7181.5137.8428.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-23.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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