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GLARMESTERFIRMAET WORM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLARMESTERFIRMAET WORM A/S
GLARMESTERFIRMAET WORM A/S (CVR number: 15689307) is a company from FREDERIKSBERG. The company recorded a gross profit of 3629.8 kDKK in 2024. The operating profit was 8.7 kDKK, while net earnings were -3.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GLARMESTERFIRMAET WORM A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 219.07 | 4 050.25 | 3 615.07 | 3 573.88 | 3 629.77 |
| EBIT | 153.04 | 219.76 | 213.99 | -91.90 | 8.75 |
| Net earnings | 142.93 | 152.25 | 142.84 | - 108.29 | -3.71 |
| Shareholders equity total | 178.77 | 331.01 | 473.85 | 365.56 | 361.85 |
| Balance sheet total (assets) | 2 269.93 | 1 708.46 | 2 392.85 | 2 439.50 | 1 731.26 |
| Net debt | - 679.20 | - 133.21 | - 324.24 | - 239.38 | 56.29 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 7.1 % | 11.7 % | 11.3 % | -2.5 % | 1.7 % |
| ROE | 133.2 % | 59.7 % | 35.5 % | -25.8 % | -1.0 % |
| ROI | 151.3 % | 91.4 % | 57.5 % | -14.1 % | 8.5 % |
| Economic value added (EVA) | 164.65 | 150.21 | 137.68 | - 117.27 | -12.31 |
| Solvency | |||||
| Equity ratio | 7.9 % | 19.4 % | 19.8 % | 15.0 % | 20.9 % |
| Gearing | 0.8 % | 23.2 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 0.7 | 1.0 | 1.0 | 0.8 |
| Current ratio | 1.1 | 1.2 | 1.3 | 1.2 | 1.2 |
| Cash and cash equivalents | 679.20 | 133.21 | 324.24 | 242.49 | 27.69 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | B | B | B | B |
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