Glerup Tech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Glerup Tech ApS
Glerup Tech ApS (CVR number: 38109545) is a company from VIBORG. The company recorded a gross profit of 21.5 kDKK in 2023. The operating profit was -11.8 kDKK, while net earnings were -9.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -12.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.3 %, 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. Glerup Tech ApS'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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 312.45 | 266.13 | 69.12 | 51.71 | 21.53 |
EBIT | 59.47 | 57.15 | 29.73 | 44.70 | -11.83 |
Net earnings | 45.89 | 43.21 | 22.17 | 35.05 | -9.48 |
Shareholders equity total | 95.89 | 93.21 | 72.17 | 107.22 | 40.75 |
Balance sheet total (assets) | 148.87 | 231.54 | 104.21 | 135.62 | 98.68 |
Net debt | -73.87 | - 178.60 | -61.92 | -88.16 | -41.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 41.3 % | 30.0 % | 17.7 % | 37.5 % | -10.1 % |
ROE | 57.1 % | 45.7 % | 26.8 % | 39.1 % | -12.8 % |
ROI | 67.7 % | 44.8 % | 27.6 % | 50.1 % | -12.8 % |
Economic value added (EVA) | 47.36 | 43.90 | 30.04 | 34.35 | -9.94 |
Solvency | |||||
Equity ratio | 64.4 % | 40.3 % | 69.2 % | 79.1 % | 41.3 % |
Gearing | 14.4 % | 53.0 % | 89.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 1.8 | 4.2 | 7.3 | 1.7 |
Current ratio | 3.4 | 1.8 | 4.2 | 7.3 | 1.7 |
Cash and cash equivalents | 87.67 | 227.95 | 61.92 | 88.16 | 77.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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