GLANZ HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26824133
Følfodvej 44, 9310 Vodskov

Credit rating

Company information

Official name
GLANZ HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About GLANZ HOLDING ApS

GLANZ HOLDING ApS (CVR number: 26824133) is a company from AALBORG. The company recorded a gross profit of -218.4 kDKK in 2023. The operating profit was -218.4 kDKK, while net earnings were 5531.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent but Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLANZ HOLDING ApS's liquidity measured by quick ratio was 23 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-28.55-28.13-28.13-45.25- 218.39
EBIT-28.55-28.13-28.13-45.25- 218.39
Net earnings6 431.626 886.298 119.50110.335 531.50
Shareholders equity total27 940.6934 326.9841 446.4840 056.8144 588.31
Balance sheet total (assets)28 662.0936 842.2744 360.3141 707.4046 034.66
Net debt-19 727.93-22 884.34-30 390.36-28 851.85-31 053.79
Profitability
EBIT-%
ROA27.1 %23.3 %23.3 %10.2 %15.2 %
ROE24.8 %22.1 %21.4 %0.3 %13.1 %
ROI27.4 %23.6 %23.5 %10.3 %15.4 %
Economic value added (EVA)75.90-67.03147.91144.79-57.32
Solvency
Equity ratio97.5 %93.2 %93.4 %96.0 %96.9 %
Gearing1.3 %5.6 %6.7 %2.8 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio30.110.611.919.223.0
Current ratio30.110.611.919.223.0
Cash and cash equivalents20 099.9324 803.0833 172.5629 983.6631 725.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:15.2%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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