Credit rating
Company information
About GL Norway ApS
GL Norway ApS (CVR number: 41881399) is a company from KØGE. The company recorded a gross profit of -183.9 kDKK in 2023. The operating profit was -183.9 kDKK, while net earnings were -221.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.6 %, which can be considered poor and Return on Equity (ROE) was -35.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GL Norway ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 217.45 | -59.88 | - 183.93 |
EBIT | - 217.45 | -59.88 | - 183.93 |
Net earnings | - 170.14 | -98.55 | - 221.41 |
Shareholders equity total | - 130.14 | - 228.69 | - 450.09 |
Balance sheet total (assets) | 336.97 | 214.75 | 1 017.12 |
Net debt | 245.51 | 81.17 | 997.83 |
Profitability | |||
EBIT-% | |||
ROA | -46.6 % | -12.2 % | -18.6 % |
ROE | -50.5 % | -35.7 % | -35.9 % |
ROI | -56.3 % | -19.2 % | -22.2 % |
Economic value added (EVA) | - 169.61 | -33.10 | - 166.83 |
Solvency | |||
Equity ratio | -27.9 % | -51.6 % | -30.7 % |
Gearing | -296.8 % | -84.4 % | -313.4 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.7 | 0.5 | 0.7 |
Current ratio | 0.7 | 0.5 | 0.7 |
Cash and cash equivalents | 140.80 | 111.76 | 412.69 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | B | B |
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