GLASBLÆSERIET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLASBLÆSERIET A/S
GLASBLÆSERIET A/S (CVR number: 26576016) is a company from HVIDOVRE. The company recorded a gross profit of 267 kDKK in 2023. The operating profit was -224.8 kDKK, while net earnings were -231 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.5 %, which can be considered poor and Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLASBLÆSERIET A/S's liquidity measured by quick ratio was 6.5 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 | 610.54 | 712.89 | 657.95 | 539.26 | 267.02 |
EBIT | 84.09 | 105.58 | 48.85 | 14.90 | - 224.76 |
Net earnings | 64.48 | 79.12 | 32.13 | 4.58 | - 230.99 |
Shareholders equity total | 1 314.35 | 1 393.47 | 1 425.60 | 1 430.18 | 1 199.19 |
Balance sheet total (assets) | 1 554.68 | 1 850.56 | 1 664.10 | 1 563.84 | 1 325.91 |
Net debt | - 821.67 | -1 235.86 | -1 082.70 | -1 023.57 | - 794.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.5 % | 6.2 % | 2.8 % | 1.0 % | -15.5 % |
ROE | 5.0 % | 5.8 % | 2.3 % | 0.3 % | -17.6 % |
ROI | 6.6 % | 7.8 % | 3.5 % | 1.1 % | -17.1 % |
Economic value added (EVA) | 44.95 | 56.65 | 29.60 | -6.78 | - 248.45 |
Solvency | |||||
Equity ratio | 84.5 % | 75.3 % | 85.7 % | 91.5 % | 90.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.1 | 2.8 | 4.7 | 7.7 | 6.5 |
Current ratio | 6.1 | 3.9 | 6.8 | 11.5 | 10.2 |
Cash and cash equivalents | 821.67 | 1 235.86 | 1 082.70 | 1 023.57 | 794.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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