GLERUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLERUP A/S
GLERUP A/S (CVR number: 27549950K) is a company from SILKEBORG. The company reported a net sales of 973.4 mDKK in 2023, demonstrating a decline of -21.4 % compared to the previous year. The operating profit percentage was at 6.1 % (EBIT: 58.9 mDKK), while net earnings were 42.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.2 %, 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. GLERUP A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 170.98 | 1 100.57 | 1 125.95 | 1 237.63 | 973.39 |
Gross profit | 1 170.98 | 1 100.57 | 1 125.95 | 474.13 | 393.09 |
EBIT | 45.67 | 50.35 | 131.20 | 130.77 | 58.91 |
Net earnings | 37.31 | 141.39 | 104.10 | 89.23 | 42.39 |
Shareholders equity total | 627.21 | 714.66 | 646.89 | 719.93 | 753.09 |
Balance sheet total (assets) | 1 251.41 | 1 170.01 | 1 289.94 | 1 328.77 | 1 279.66 |
Net debt | -70.99 | -93.75 | |||
Profitability | |||||
EBIT-% | 3.9 % | 4.6 % | 11.7 % | 10.6 % | 6.1 % |
ROA | 4.1 % | 4.2 % | 10.7 % | 11.0 % | 6.9 % |
ROE | 7.4 % | 21.1 % | 15.3 % | 13.2 % | 5.9 % |
ROI | 4.5 % | 4.2 % | 10.7 % | 12.3 % | 8.5 % |
Economic value added (EVA) | 29.05 | 18.84 | 95.29 | 64.32 | 15.92 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 54.9 % | 59.2 % |
Gearing | 38.1 % | 35.5 % | |||
Relative net indebtedness % | 17.3 % | 11.8 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | |||
Current ratio | 2.5 | 2.8 | |||
Cash and cash equivalents | 345.54 | 361.41 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.5 | 26.8 | |||
Net working capital % | 25.5 % | 27.4 % | |||
Credit risk | |||||
Credit rating | BBB | A | AAA | AAA |
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