GLARMESTERFIRMAET WORM HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21273333
Bülowsvej 4, 1870 Frederiksberg C
tel: 33222293

Credit rating

Company information

Official name
GLARMESTERFIRMAET WORM HOLDING ApS
Established
1998
Company form
Private limited company
Industry

About GLARMESTERFIRMAET WORM HOLDING ApS

GLARMESTERFIRMAET WORM HOLDING ApS (CVR number: 21273333) is a company from FREDERIKSBERG. The company recorded a gross profit of -10.9 kDKK in 2022. The operating profit was -10.9 kDKK, while net earnings were -134.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.7 %, 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. GLARMESTERFIRMAET WORM HOLDING ApS's liquidity measured by quick ratio was 0 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-36.63-7.25-8.50-7.85-10.89
EBIT-36.63-7.25-8.50-7.85-10.89
Net earnings- 195.45- 158.60256.50- 230.03- 134.69
Shareholders equity total2 824.362 557.762 703.662 360.632 045.95
Balance sheet total (assets)3 782.443 641.293 953.283 802.503 738.05
Net debt909.721 065.341 230.101 423.941 677.65
Profitability
EBIT-%
ROA-2.8 %-3.2 %8.0 %-4.6 %-1.3 %
ROE-6.6 %-5.9 %9.8 %-9.1 %-6.1 %
ROI-3.0 %-3.2 %8.0 %-4.6 %-1.3 %
Economic value added (EVA)12.4340.8945.9554.9560.51
Solvency
Equity ratio74.7 %70.2 %68.4 %62.1 %54.7 %
Gearing33.7 %42.2 %46.0 %60.8 %82.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents43.3613.2013.2611.678.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.26%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.7%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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