GLARMESTER HELMUT OTTSEN ApS

CVR number: 10117305
Snedkervej 16, 6710 Esbjerg V
tel: 75150987

Credit rating

Company information

Official name
GLARMESTER HELMUT OTTSEN ApS
Established
1986
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About the company

GLARMESTER HELMUT OTTSEN ApS (CVR number: 10117305) is a company from ESBJERG. The company recorded a gross profit of 332.7 kDKK in 2023. The operating profit was 73.3 kDKK, while net earnings were 25.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -81.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GLARMESTER HELMUT OTTSEN ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit278.24415.03504.34438.81332.71
EBIT- 154.7640.1815.74-32.9873.27
Net earnings- 191.25-1.43-17.65-67.9625.20
Shareholders equity total- 430.58- 432.02- 449.66- 517.62- 492.43
Balance sheet total (assets)166.50173.96176.14137.22111.87
Net debt460.71425.51365.84550.21521.30
Profitability
EBIT-%
ROA-30.2 %6.7 %2.6 %-5.2 %11.7 %
ROE-107.7 %-0.8 %-10.1 %-43.4 %20.2 %
ROI-43.2 %9.0 %3.9 %-7.2 %13.7 %
Economic value added (EVA)- 142.5261.8637.79-10.2999.31
Solvency
Equity ratio-72.1 %-71.3 %-71.9 %-79.0 %-81.5 %
Gearing-107.2 %-100.1 %-81.8 %-106.4 %-106.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.10.10.1
Current ratio0.20.20.20.10.1
Cash and cash equivalents0.976.791.860.571.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-81.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-04T14:01:21.238Z

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