Global Material & Asset Fond — Credit Rating and Financial Key Figures
Credit rating
Company information
About Global Material & Asset Fond
Global Material & Asset Fond (CVR number: 40894403) is a company from KØBENHAVN. The company recorded a gross profit of -89.6 kDKK in 2023. The operating profit was -89.6 kDKK, while net earnings were -1804.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -156.2 %, which can be considered poor and Return on Equity (ROE) was -167.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. Global Material & Asset Fond's liquidity measured by quick ratio was 3.9 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 482.84 | - 148.89 | - 203.00 | -89.63 |
EBIT | 482.84 | - 148.89 | - 203.00 | -89.63 |
Net earnings | 2 127.78 | 3 174.96 | -3 625.46 | -1 804.56 |
Shareholders equity total | 2 427.88 | 5 602.85 | 1 977.38 | 172.83 |
Balance sheet total (assets) | 2 768.47 | 5 630.09 | 2 080.88 | 232.80 |
Net debt | - 771.08 | - 506.79 | - 305.20 | - 232.80 |
Profitability | ||||
EBIT-% | ||||
ROA | 80.6 % | 75.8 % | -93.9 % | -156.2 % |
ROE | 87.6 % | 79.1 % | -95.7 % | -167.8 % |
ROI | 90.4 % | 78.9 % | -94.6 % | -162.5 % |
Economic value added (EVA) | 380.59 | -52.39 | 49.88 | 2.98 |
Solvency | ||||
Equity ratio | 87.7 % | 99.5 % | 95.0 % | 74.2 % |
Gearing | 1.6 % | 3.5 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.9 | 18.7 | 12.7 | 3.9 |
Current ratio | 2.9 | 18.7 | 12.7 | 3.9 |
Cash and cash equivalents | 811.08 | 506.79 | 375.27 | 232.80 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BB | B |
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