GLASFAGMANDEN 2 ApS — Credit Rating and Financial Key Figures

CVR number: 34702683
Storskovvej 10, 4681 Herfølge

Credit rating

Company information

Official name
GLASFAGMANDEN 2 ApS
Established
2012
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About GLASFAGMANDEN 2 ApS

GLASFAGMANDEN 2 ApS (CVR number: 34702683) is a company from KØGE. The company recorded a gross profit of 255.7 kDKK in 2023. The operating profit was 220.1 kDKK, while net earnings were 164.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GLASFAGMANDEN 2 ApS's liquidity measured by quick ratio was 3.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit124.8661.65111.7943.74255.69
EBIT124.8661.65111.7943.74220.09
Net earnings84.9054.4492.9043.54164.38
Shareholders equity total656.73711.17804.07847.611 011.99
Balance sheet total (assets)743.51878.171 003.29991.261 289.01
Net debt-36.18-33.20-92.3712.40148.28
Profitability
EBIT-%
ROA17.3 %9.0 %13.2 %5.8 %20.7 %
ROE13.8 %8.0 %12.3 %5.3 %17.7 %
ROI21.8 %10.6 %16.4 %7.0 %22.9 %
Economic value added (EVA)69.5116.1151.63-2.02126.92
Solvency
Equity ratio88.3 %81.0 %80.1 %85.5 %78.5 %
Gearing0.9 %1.7 %17.7 %
Relative net indebtedness %
Liquidity
Quick ratio7.84.94.76.43.8
Current ratio8.65.35.06.94.1
Cash and cash equivalents36.1833.2099.851.7430.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.5%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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