Glamsbjerg Maskinforretning A/S — Credit Rating and Financial Key Figures

CVR number: 38472712
Toftegårdsvej 2, 5620 Glamsbjerg
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Credit rating

Company information

Official name
Glamsbjerg Maskinforretning A/S
Personnel
19 persons
Established
2017
Company form
Limited company
Industry

About Glamsbjerg Maskinforretning A/S

Glamsbjerg Maskinforretning A/S (CVR number: 38472712) is a company from ASSENS. The company recorded a gross profit of 8448.9 kDKK in 2024. The operating profit was 1538 kDKK, while net earnings were 637.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Glamsbjerg Maskinforretning A/S's liquidity measured by quick ratio was 0.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 498.255 537.455 817.695 257.348 448.88
EBIT553.23968.96711.20- 129.101 537.98
Net earnings302.10776.87435.65- 499.65637.84
Shareholders equity total3 099.023 875.894 111.543 411.894 049.73
Balance sheet total (assets)13 362.0814 988.3122 273.3523 299.1526 495.51
Net debt6 633.504 699.948 709.7714 025.8413 694.11
Profitability
EBIT-%
ROA4.6 %8.2 %4.5 %0.2 %6.7 %
ROE10.2 %22.3 %10.9 %-13.3 %17.1 %
ROI5.8 %12.6 %7.7 %0.4 %9.5 %
Economic value added (EVA)- 112.45263.80116.57- 746.59322.83
Solvency
Equity ratio23.2 %27.7 %18.5 %14.6 %15.3 %
Gearing214.6 %122.0 %212.1 %411.9 %339.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.30.10.1
Current ratio1.61.51.21.11.2
Cash and cash equivalents16.6626.819.0226.5340.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.73%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.3%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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