GLID HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27598854
Pilevej 6, 3400 Hillerød

Credit rating

Company information

Official name
GLID HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About GLID HOLDING ApS

GLID HOLDING ApS (CVR number: 27598854K) is a company from HILLERØD. The company recorded a gross profit of 35.2 mDKK in 2021. The operating profit was 18.3 mDKK, while net earnings were 10.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent but Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68 %, 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. GLID HOLDING ApS's liquidity measured by quick ratio was 2.6 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
Volume
Net sales
Gross profit38 211.8946 870.6335 239.60
EBIT22 657.3725 597.1318 302.16
Net earnings15 889.9033 297.8310 314.40
Shareholders equity total60 836.5382 134.3682 498.70
Balance sheet total (assets)101 378.14114 686.52121 346.47
Net debt-35 833.11-68 001.01-63 971.54
Profitability
EBIT-%
ROA23.5 %40.5 %18.4 %
ROE30.3 %53.2 %14.1 %
ROI33.6 %53.8 %22.6 %
Economic value added (EVA)17 616.5119 183.5313 576.72
Solvency
Equity ratio60.0 %71.6 %68.0 %
Gearing16.0 %10.7 %22.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.13.22.6
Current ratio2.43.53.0
Cash and cash equivalents45 590.7276 828.8782 082.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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