GLANT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLANT ApS
GLANT ApS (CVR number: 35867759) is a company from ODENSE. The company recorded a gross profit of 2390.6 kDKK in 2024. The operating profit was -109.2 kDKK, while net earnings were -113 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GLANT ApS's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 988.98 | 1 512.94 | 1 385.09 | 2 430.07 | 2 390.60 |
EBIT | 1 267.74 | - 253.18 | - 223.59 | 84.70 | - 109.20 |
Net earnings | 949.39 | - 320.62 | - 134.98 | 19.31 | - 113.00 |
Shareholders equity total | 4 136.71 | 1 816.10 | 1 681.12 | 1 700.43 | 1 587.43 |
Balance sheet total (assets) | 7 490.99 | 6 772.57 | 4 409.06 | 4 516.64 | 3 510.14 |
Net debt | - 495.34 | - 995.85 | 1 640.93 | 1 610.48 | 843.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.1 % | -3.6 % | -1.2 % | 2.3 % | -2.7 % |
ROE | 25.2 % | -10.8 % | -7.7 % | 1.1 % | -6.9 % |
ROI | 12.4 % | -6.7 % | -2.3 % | 3.0 % | -3.8 % |
Economic value added (EVA) | 102.03 | - 453.65 | - 315.02 | - 104.52 | - 251.95 |
Solvency | |||||
Equity ratio | 55.2 % | 26.8 % | 38.1 % | 37.6 % | 45.2 % |
Gearing | 19.5 % | 43.9 % | 100.4 % | 94.7 % | 53.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 1.3 | 1.5 | 1.4 | 1.6 |
Current ratio | 2.1 | 1.3 | 1.5 | 1.4 | 1.6 |
Cash and cash equivalents | 1 300.00 | 1 793.15 | 46.34 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
Variable visualization
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