Credit rating
Company information
About Gluemaster ApS
Gluemaster ApS (CVR number: 11870287) is a company from ROSKILDE. The company recorded a gross profit of 790.4 kDKK in 2023. The operating profit was -43.5 kDKK, while net earnings were -33.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.6 %, 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. Gluemaster ApS's liquidity measured by quick ratio was 3.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 166.80 | 820.62 | 1 177.37 | 761.44 | 790.41 |
EBIT | 327.32 | 30.12 | 165.66 | -3.92 | -43.47 |
Net earnings | 253.06 | 21.36 | 125.98 | -9.76 | -33.92 |
Shareholders equity total | 697.08 | 718.44 | 844.42 | 834.25 | 800.32 |
Balance sheet total (assets) | 1 444.11 | 1 618.65 | 1 358.68 | 1 184.70 | 1 184.26 |
Net debt | - 325.69 | -86.33 | - 505.74 | - 338.64 | - 539.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.5 % | 2.0 % | 11.1 % | -0.3 % | -3.7 % |
ROE | 44.4 % | 3.0 % | 16.1 % | -1.2 % | -4.2 % |
ROI | 34.6 % | 2.4 % | 13.7 % | -0.4 % | -4.4 % |
Economic value added (EVA) | 254.06 | 24.99 | 125.56 | -13.19 | -51.02 |
Solvency | |||||
Equity ratio | 48.3 % | 44.4 % | 62.2 % | 70.4 % | 67.6 % |
Gearing | 58.6 % | 79.1 % | 16.8 % | 18.6 % | 25.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.9 | 3.0 | 4.1 | 3.7 |
Current ratio | 1.9 | 1.9 | 3.0 | 4.2 | 3.8 |
Cash and cash equivalents | 734.00 | 654.40 | 647.35 | 493.76 | 744.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BB |
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