GLARMESTRENES FÆLLESINDKØB A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLARMESTRENES FÆLLESINDKØB A/S
GLARMESTRENES FÆLLESINDKØB A/S (CVR number: 10726786) is a company from BRØNDBY. The company recorded a gross profit of 1309.9 kDKK in 2024. The operating profit was -81.7 kDKK, while net earnings were -56.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GLARMESTRENES FÆLLESINDKØB A/S's liquidity measured by quick ratio was 1.7 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 | 1 433.56 | 1 390.22 | 1 397.86 | 1 380.70 | 1 309.89 |
| EBIT | 118.02 | 190.30 | 128.34 | 83.70 | -81.71 |
| Net earnings | 88.14 | 143.80 | 98.53 | 96.63 | -56.44 |
| Shareholders equity total | 1 375.58 | 1 480.14 | 1 539.41 | 1 596.79 | 1 501.11 |
| Balance sheet total (assets) | 3 503.57 | 3 954.73 | 3 703.22 | 3 722.89 | 3 361.86 |
| Net debt | -1 261.47 | -1 195.89 | - 901.67 | - 862.84 | - 711.36 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.3 % | 5.4 % | 3.5 % | 3.6 % | -2.1 % |
| ROE | 6.5 % | 10.1 % | 6.5 % | 6.2 % | -3.6 % |
| ROI | 9.3 % | 14.1 % | 9.0 % | 8.5 % | -4.8 % |
| Economic value added (EVA) | 22.56 | 76.42 | 26.22 | -16.20 | - 141.87 |
| Solvency | |||||
| Equity ratio | 39.3 % | 37.4 % | 41.6 % | 42.9 % | 44.7 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.5 | 1.6 | 1.7 | 1.7 |
| Current ratio | 1.6 | 1.5 | 1.6 | 1.7 | 1.7 |
| Cash and cash equivalents | 1 261.47 | 1 195.89 | 901.67 | 862.84 | 711.36 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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