Above the Salt ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -77.06 | 11.54 | 492.46 | 50.59 | -9.03 |
EBIT | - 117.63 | - 125.21 | 257.89 | 50.59 | -9.03 |
Net earnings | - 119.79 | - 118.40 | 242.91 | 43.63 | -9.03 |
Shareholders equity total | - 160.40 | - 278.80 | -35.89 | 33.73 | 24.71 |
Balance sheet total (assets) | 82.66 | 93.91 | 83.10 | 43.84 | 34.82 |
Net debt | 12.25 | -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 | - 110.22 | 260.50 | 49.76 | -8.82 |
Solvency | |||||
Equity ratio | -66.0 % | -74.8 % | -30.2 % | 76.9 % | 71.0 % |
Gearing | -8.3 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.7 | 7.6 | 2.9 |
Current ratio | 0.3 | 0.3 | 0.7 | 7.6 | 2.9 |
Cash and cash equivalents | 1.01 | 63.71 | 81.51 | 37.84 | 28.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | BB | BB |
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