GLASTECH EJENDOMME ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLASTECH EJENDOMME ApS
GLASTECH EJENDOMME ApS (CVR number: 33949286) is a company from KERTEMINDE. The company recorded a gross profit of -823.5 kDKK in 2023. The operating profit was -823.5 kDKK, while net earnings were -998.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GLASTECH EJENDOMME ApS'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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 117.92 | 345.66 | -33.21 | -23.84 | - 823.50 |
EBIT | - 272.72 | 345.66 | -33.21 | -23.84 | - 823.50 |
Net earnings | - 402.61 | 209.40 | - 207.67 | - 373.96 | - 998.70 |
Shareholders equity total | 200.00 | 409.40 | 201.73 | - 172.23 | -1 170.93 |
Balance sheet total (assets) | 10 405.39 | 9 632.83 | 9 933.78 | 9 978.90 | 9 241.27 |
Net debt | 9 733.14 | 9 143.91 | 9 637.90 | 10 066.45 | 10 325.44 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.8 % | 3.6 % | -0.3 % | -0.2 % | -8.0 % |
ROE | -201.3 % | 68.7 % | -68.0 % | -7.3 % | -10.4 % |
ROI | -2.9 % | 3.7 % | -0.3 % | -0.2 % | -8.1 % |
Economic value added (EVA) | - 241.41 | 448.67 | -46.46 | -42.62 | - 753.01 |
Solvency | |||||
Equity ratio | 1.9 % | 4.3 % | 2.0 % | -1.7 % | -11.2 % |
Gearing | 4866.6 % | 2233.6 % | 4784.6 % | -5846.6 % | -882.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 2.8 | 3.6 | 9.9 | 0.8 |
Current ratio | 2.0 | 2.8 | 3.6 | 9.9 | 0.8 |
Cash and cash equivalents | 0.54 | 14.03 | 3.38 | 4.26 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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