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 -67.1 kDKK in 2024. The operating profit was -67.1 kDKK, while net earnings were -67.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.2 %, which can be considered poor and Return on Equity (ROE) was -48.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.8 %, 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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 482.84 | - 148.89 | - 203.00 | -89.63 | -67.06 |
| EBIT | 482.84 | - 148.89 | - 203.00 | -89.63 | -67.06 |
| Net earnings | 2 127.78 | 3 174.96 | -3 625.46 | -1 804.56 | -67.07 |
| Shareholders equity total | 2 427.88 | 5 602.85 | 1 977.38 | 172.83 | 105.76 |
| Balance sheet total (assets) | 2 768.47 | 5 630.09 | 2 080.88 | 232.80 | 171.15 |
| Net debt | - 771.08 | - 506.79 | - 305.20 | - 232.80 | - 171.15 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 80.6 % | 75.8 % | -93.9 % | -156.2 % | -33.2 % |
| ROE | 87.6 % | 79.1 % | -95.7 % | -167.8 % | -48.1 % |
| ROI | 90.4 % | 78.9 % | -94.6 % | -162.5 % | -48.1 % |
| Economic value added (EVA) | 380.59 | - 272.90 | - 488.27 | - 189.00 | -75.74 |
| Solvency | |||||
| Equity ratio | 87.7 % | 99.5 % | 95.0 % | 74.2 % | 61.8 % |
| Gearing | 1.6 % | 3.5 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.9 | 18.7 | 12.7 | 3.9 | 2.6 |
| Current ratio | 2.9 | 18.7 | 12.7 | 3.9 | 2.6 |
| Cash and cash equivalents | 811.08 | 506.79 | 375.27 | 232.80 | 171.15 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | B | BB |
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