Glan Holding ApS — Credit Rating and Financial Key Figures

CVR number: 33044348
Vestergade 50, 5300 Kerteminde
lars.gerner61@gmail.com
tel: 40444550

Company information

Official name
Glan Holding ApS
Personnel
2 persons
Established
2010
Company form
Private limited company
Industry

About Glan Holding ApS

Glan Holding ApS (CVR number: 33044348) is a company from KERTEMINDE. The company recorded a gross profit of -5.4 kDKK in 2023. The operating profit was -264.4 kDKK, while net earnings were 873.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Glan Holding ApS's liquidity measured by quick ratio was 65 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-14.10-10.34-4.80-12.69-5.36
EBIT- 269.09- 348.59- 242.40- 278.72- 264.41
Net earnings3 414.29273.07833.58216.69873.28
Shareholders equity total13 139.5513 302.0212 652.7412 755.0312 628.31
Balance sheet total (assets)13 899.7713 565.8713 426.3612 928.8212 812.36
Net debt-9 648.89-10 250.36-11 556.27-9 930.25-11 541.30
Profitability
EBIT-%
ROA29.6 %3.0 %8.5 %16.5 %7.3 %
ROE29.7 %2.1 %6.4 %1.7 %6.9 %
ROI30.6 %3.0 %8.7 %17.0 %7.3 %
Economic value added (EVA)- 370.07- 373.56- 292.54- 284.07- 356.31
Solvency
Equity ratio94.5 %98.1 %94.2 %98.7 %98.6 %
Gearing4.8 %1.1 %1.2 %1.2 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio17.248.216.369.565.0
Current ratio17.248.216.369.565.0
Cash and cash equivalents10 273.6110 397.4211 703.3310 083.2011 700.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.31%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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