GLASBLÆSERIET A/S — Credit Rating and Financial Key Figures

CVR number: 26576016
Avedøreholmen 86 L, 2650 Hvidovre
neon@mail.dk
tel: 28792885
www.neonror.dk

Credit rating

Company information

Official name
GLASBLÆSERIET A/S
Personnel
1 person
Established
2002
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit610.54712.89657.95539.26267.02
EBIT84.09105.5848.8514.90- 224.76
Net earnings64.4879.1232.134.58- 230.99
Shareholders equity total1 314.351 393.471 425.601 430.181 199.19
Balance sheet total (assets)1 554.681 850.561 664.101 563.841 325.91
Net debt- 821.67-1 235.86-1 082.70-1 023.57- 794.00
Profitability
EBIT-%
ROA5.5 %6.2 %2.8 %1.0 %-15.5 %
ROE5.0 %5.8 %2.3 %0.3 %-17.6 %
ROI6.6 %7.8 %3.5 %1.1 %-17.1 %
Economic value added (EVA)44.9556.6529.60-6.78- 248.45
Solvency
Equity ratio84.5 %75.3 %85.7 %91.5 %90.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.12.84.77.76.5
Current ratio6.13.96.811.510.2
Cash and cash equivalents821.671 235.861 082.701 023.57794.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-15.5%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.4%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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