GLAS & RAMMER ApS — Credit Rating and Financial Key Figures

CVR number: 29618798
Merkurvej 4 D, 7430 Ikast
tel: 97151251
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Credit rating

Company information

Official name
GLAS & RAMMER ApS
Personnel
5 persons
Established
2006
Company form
Private limited company
Industry

About GLAS & RAMMER ApS

GLAS & RAMMER ApS (CVR number: 29618798) is a company from IKAST-BRANDE. The company recorded a gross profit of 4899.4 kDKK in 2024. The operating profit was 2230.1 kDKK, while net earnings were 1744.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 71.1 %, which can be considered excellent and Return on Equity (ROE) was 76.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GLAS & RAMMER ApS's liquidity measured by quick ratio was 3.5 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 profit3 957.526 100.625 478.145 696.724 899.40
EBIT909.282 460.492 279.962 549.272 230.08
Net earnings692.611 918.491 776.441 988.361 744.62
Shareholders equity total854.132 043.932 120.372 408.732 153.36
Balance sheet total (assets)2 375.603 287.362 734.773 475.422 835.37
Net debt-1 466.74-1 710.28- 682.71-1 886.03-1 603.67
Profitability
EBIT-%
ROA50.4 %87.3 %76.2 %82.4 %71.1 %
ROE109.4 %132.4 %85.3 %87.8 %76.5 %
ROI136.8 %169.0 %109.4 %112.5 %97.8 %
Economic value added (EVA)673.291 875.481 672.981 880.131 622.80
Solvency
Equity ratio36.0 %62.2 %77.5 %69.3 %75.9 %
Gearing0.4 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.23.32.83.5
Current ratio1.52.54.03.14.0
Cash and cash equivalents1 466.741 710.28682.711 896.251 618.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:71.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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