Jørgen Glidov Fonden — Credit Rating and Financial Key Figures

CVR number: 40116001
Valkendorfsgade 16, 1151 København K

Company information

Official name
Jørgen Glidov Fonden
Established
2018
Industry

About Jørgen Glidov Fonden

Jørgen Glidov Fonden (CVR number: 40116001) is a company from KØBENHAVN. The company recorded a gross profit of -253.1 kDKK in 2023. The operating profit was -253.1 kDKK, while net earnings were 492.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Jørgen Glidov Fonden's liquidity measured by quick ratio was 68.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 132.11- 164.47- 190.27-72.44- 253.10
EBIT- 132.11- 164.47- 190.27-72.44- 253.10
Net earnings-53.13- 269.60959.44- 348.75492.68
Shareholders equity total14 028.1713 534.7114 245.0713 412.8212 945.03
Balance sheet total (assets)14 117.5213 560.9614 274.5713 447.8213 076.37
Net debt-14 077.39-13 489.44-14 167.99-9 155.76-8 724.32
Profitability
EBIT-%
ROA-0.7 %-0.2 %0.0 %3.8 %4.3 %
ROE-0.7 %-2.0 %6.9 %-2.5 %3.7 %
ROI-0.7 %-0.2 %0.0 %3.8 %4.3 %
Economic value added (EVA)- 143.4231.29-11.0292.70- 291.95
Solvency
Equity ratio99.4 %99.8 %99.8 %99.7 %99.0 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio157.7515.5482.9267.668.7
Current ratio157.7515.5482.9267.668.7
Cash and cash equivalents14 087.5213 489.4414 167.999 155.768 724.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.25%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 85/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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