Glatbane.dk A/S — Credit Rating and Financial Key Figures

CVR number: 10553431
Lundebakkevej 18 B, Toksværd 4684 Holmegaard
tel: 55562186

Company information

Official name
Glatbane.dk A/S
Personnel
13 persons
Established
2008
Domicile
Toksværd
Company form
Limited company
Industry

About Glatbane.dk A/S

Glatbane.dk A/S (CVR number: 10553431) is a company from NÆSTVED. The company recorded a gross profit of 8092.4 kDKK in 2023. The operating profit was 1594.5 kDKK, while net earnings were 30 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Glatbane.dk A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit5 479.007 405.008 310.008 994.008 092.39
EBIT1 337.002 661.002 730.002 427.001 594.53
Net earnings585.001 635.001 734.001 487.0030.00
Shareholders equity total6 630.006 765.007 499.007 487.006 016.57
Balance sheet total (assets)25 259.0023 603.0022 955.0022 384.0020 254.27
Net debt13 129.008 868.008 299.009 127.008 790.97
Profitability
EBIT-%
ROA5.4 %11.0 %11.8 %10.8 %11.3 %
ROE9.2 %24.4 %24.3 %19.8 %0.4 %
ROI5.7 %12.0 %13.4 %12.4 %4.6 %
Economic value added (EVA)174.081 236.121 410.551 181.28420.67
Solvency
Equity ratio26.2 %28.7 %32.7 %33.4 %29.7 %
Gearing198.1 %150.3 %120.7 %121.9 %146.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.20.90.8
Current ratio1.01.11.20.90.8
Cash and cash equivalents2.001 303.00752.0020.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.7%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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