GLENTEBORG ApS — Credit Rating and Financial Key Figures

CVR number: 21067237
Oddevej 42, 9990 Skagen
mail@glenteborg.dk
tel: 98664155

Company information

Official name
GLENTEBORG ApS
Personnel
2 persons
Established
1998
Company form
Private limited company
Industry

About GLENTEBORG ApS

GLENTEBORG ApS (CVR number: 21067237) is a company from FREDERIKSHAVN. The company recorded a gross profit of 137.1 kDKK in 2023. The operating profit was 73.3 kDKK, while net earnings were 336.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLENTEBORG ApS's liquidity measured by quick ratio was 53.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit20.65-10.87- 115.46- 118.08137.14
EBIT- 143.88- 385.13- 226.09- 187.6573.29
Net earnings1 902.84384.142 215.98-1 152.64336.94
Shareholders equity total21 363.0421 247.1822 963.1719 085.5316 422.47
Balance sheet total (assets)22 182.2922 054.5824 301.0020 420.8716 729.88
Net debt-17 980.12-19 681.17-22 011.91-17 642.01-15 817.08
Profitability
EBIT-%
ROA11.6 %3.1 %12.4 %2.0 %5.7 %
ROE9.2 %1.8 %10.0 %-5.5 %1.9 %
ROI11.8 %3.2 %12.6 %2.1 %5.8 %
Economic value added (EVA)-1 138.30-1 316.32-1 280.62-1 329.63- 930.08
Solvency
Equity ratio96.6 %96.5 %94.6 %93.5 %98.2 %
Gearing1.3 %3.5 %2.5 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio24.226.217.214.153.3
Current ratio22.325.316.914.153.3
Cash and cash equivalents18 251.1120 420.2922 583.9718 306.7815 817.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:5.68%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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