GLM HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLM HOLDING ApS
GLM HOLDING ApS (CVR number: 27229484) is a company from MIDDELFART. The company recorded a gross profit of -56.8 kDKK in 2023. The operating profit was -56.8 kDKK, while net earnings were -15.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLM HOLDING ApS's liquidity measured by quick ratio was 8 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 | -28.02 | -27.03 | -11.80 | -85.84 | -56.85 |
EBIT | -28.02 | -27.03 | -11.80 | -85.84 | -56.85 |
Net earnings | 103.40 | 242.45 | 151.49 | 158.92 | -15.06 |
Shareholders equity total | 2 734.63 | 2 921.78 | 3 016.77 | 3 118.49 | 3 044.53 |
Balance sheet total (assets) | 3 252.14 | 3 483.52 | 3 839.16 | 3 491.91 | 3 434.24 |
Net debt | - 481.22 | - 710.29 | 64.38 | - 233.44 | -93.84 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.7 % | 9.9 % | 6.2 % | 5.2 % | -0.2 % |
ROE | 3.8 % | 8.6 % | 5.1 % | 5.2 % | -0.5 % |
ROI | 4.7 % | 9.9 % | 6.3 % | 5.3 % | -0.2 % |
Economic value added (EVA) | -89.09 | - 106.68 | -89.66 | - 179.69 | - 147.88 |
Solvency | |||||
Equity ratio | 84.1 % | 83.9 % | 78.6 % | 89.3 % | 88.7 % |
Gearing | 18.6 % | 18.3 % | 25.4 % | 8.5 % | 11.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.2 | 6.1 | 4.6 | 8.5 | 8.0 |
Current ratio | 6.2 | 6.1 | 4.6 | 8.5 | 8.0 |
Cash and cash equivalents | 990.73 | 1 245.27 | 700.60 | 497.04 | 439.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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