GLT2 ApS — Credit Rating and Financial Key Figures

CVR number: 34220042
Majgårds Alle 39, Andrup 6705 Esbjerg Ø

Company information

Official name
GLT2 ApS
Established
2012
Domicile
Andrup
Company form
Private limited company
Industry

About GLT2 ApS

GLT2 ApS (CVR number: 34220042) is a company from ESBJERG. The company recorded a gross profit of 358.6 kDKK in 2024. The operating profit was 358.3 kDKK, while net earnings were 314 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.1 %, which can be considered excellent and Return on Equity (ROE) was 33.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLT2 ApS's liquidity measured by quick ratio was 13.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-22.78-0.78358.61
EBIT-22.78-3.59358.30
Net earnings-22.78-41.80313.99
Shareholders equity total7.007.00-15.78-57.58256.41
Balance sheet total (assets)7.007.001 576.781 598.29276.48
Net debt-17.14-30.24- 250.78
Profitability
EBIT-%
ROA-2.8 %-0.2 %37.1 %
ROE-2.9 %-2.6 %33.9 %
ROI-650.8 %279.9 %
Economic value added (EVA)-0.35-0.35-23.13-1.93350.57
Solvency
Equity ratio100.0 %100.0 %-1.0 %-3.5 %92.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.00.013.8
Current ratio0.00.013.8
Cash and cash equivalents17.1430.24250.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:37.1%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.7%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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