GLOSTRUP FORSYNING A/S — Credit Rating and Financial Key Figures

CVR number: 33059647
Ørnebjergvej 7, 2600 Glostrup
forsyning@glostrupforsyning.dk
tel: 43208020
www.glostrupforsyning.dk

Credit rating

Company information

Official name
GLOSTRUP FORSYNING A/S
Established
2010
Company form
Limited company
Industry

About GLOSTRUP FORSYNING A/S

GLOSTRUP FORSYNING A/S (CVR number: 33059647K) is a company from GLOSTRUP. The company reported a net sales of 204.3 mDKK in 2024, demonstrating a growth of 8.8 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 17 mDKK), while net earnings were 4863 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. GLOSTRUP FORSYNING A/S's liquidity measured by quick ratio was 0.4 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales148.02157.79171.55187.73204.30
Gross profit60.5961.5973.0185.7488.80
EBIT9.2310.5515.5019.8717.01
Net earnings2.413.007.4211.374.86
Shareholders equity total586.60575.79583.21594.58599.44
Balance sheet total (assets)1 059.171 088.601 092.791 191.491 415.72
Net debt291.15294.36293.13342.87538.73
Profitability
EBIT-%6.2 %6.7 %9.0 %10.6 %8.3 %
ROA0.9 %1.0 %1.4 %2.0 %1.6 %
ROE0.4 %0.5 %1.3 %1.9 %0.8 %
ROI0.9 %1.0 %1.5 %2.1 %1.7 %
Economic value added (EVA)-39.28-42.49-38.88-37.83-46.00
Solvency
Equity ratio55.4 %52.9 %53.4 %49.9 %42.3 %
Gearing62.0 %66.6 %66.0 %74.2 %106.5 %
Relative net indebtedness %232.5 %229.9 %205.5 %226.3 %307.9 %
Liquidity
Quick ratio1.72.11.90.90.4
Current ratio1.72.22.00.90.4
Cash and cash equivalents72.2689.2591.6698.0499.41
Capital use efficiency
Trade debtors turnover (days)1.441.11.90.312.0
Net working capital %30.8 %44.4 %34.4 %-8.4 %-94.8 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:1.58%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member

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