GLARMESTERFIRMAET GUSTAV SØRENSEN & SØN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLARMESTERFIRMAET GUSTAV SØRENSEN & SØN ApS
GLARMESTERFIRMAET GUSTAV SØRENSEN & SØN ApS (CVR number: 37336912) is a company from RØDOVRE. The company recorded a gross profit of 3730.1 kDKK in 2023. The operating profit was -230.2 kDKK, while net earnings were 3.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. GLARMESTERFIRMAET GUSTAV SØRENSEN & SØN ApS's liquidity measured by quick ratio was 3.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 308.92 | 4 682.22 | 5 119.60 | 3 218.80 | 3 730.13 |
EBIT | 121.59 | 88.02 | 1 223.11 | - 757.51 | - 230.16 |
Net earnings | 205.57 | -9.39 | 974.41 | - 491.92 | 3.74 |
Shareholders equity total | 3 053.69 | 4 433.70 | 5 379.97 | 3 153.80 | 3 157.54 |
Balance sheet total (assets) | 7 163.19 | 10 768.64 | 11 498.84 | 4 855.36 | 4 527.36 |
Net debt | - 444.24 | 2 866.79 | 3 342.27 | - 275.71 | - 151.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 1.5 % | 12.0 % | -7.2 % | 0.4 % |
ROE | 6.4 % | -0.3 % | 19.9 % | -11.5 % | 0.1 % |
ROI | 2.6 % | 1.9 % | 13.5 % | -8.4 % | 0.5 % |
Economic value added (EVA) | -68.19 | -3.02 | 718.96 | - 914.53 | - 298.78 |
Solvency | |||||
Equity ratio | 42.6 % | 41.2 % | 46.8 % | 65.0 % | 69.7 % |
Gearing | 56.6 % | 94.4 % | 74.6 % | 5.8 % | 10.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 2.6 | 4.7 | 3.1 | 3.7 |
Current ratio | 1.3 | 2.8 | 4.9 | 3.2 | 3.8 |
Cash and cash equivalents | 2 173.34 | 1 316.71 | 673.37 | 460.01 | 467.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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