GLECO A/S — Credit Rating and Financial Key Figures

CVR number: 12316801
Fabriksvangen 17, 3550 Slangerup
gleco@gleco.dk
tel: 48195402

Company information

Official name
GLECO A/S
Personnel
14 persons
Established
1988
Company form
Limited company
Industry

About GLECO A/S

GLECO A/S (CVR number: 12316801) is a company from FREDERIKSSUND. The company recorded a gross profit of 15.9 mDKK in 2024. The operating profit was 8068.3 kDKK, while net earnings were 7666.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent and Return on Equity (ROE) was 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69 %, 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. GLECO A/S's liquidity measured by quick ratio was 1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit15 822.7616 926.0119 746.2818 435.1315 888.30
EBIT6 446.757 594.589 601.109 821.218 068.31
Net earnings6 430.236 637.708 001.348 407.657 666.13
Shareholders equity total21 362.4626 615.7932 157.8536 145.6734 176.82
Balance sheet total (assets)41 516.5556 135.5958 272.1951 022.1749 500.49
Net debt-3 474.525 472.12
Profitability
EBIT-%
ROA15.5 %15.6 %16.8 %19.7 %19.2 %
ROE33.5 %27.7 %27.2 %24.6 %21.8 %
ROI15.5 %15.6 %16.8 %21.1 %22.1 %
Economic value added (EVA)5 593.236 521.128 263.656 039.374 078.39
Solvency
Equity ratio100.0 %100.0 %100.0 %70.8 %69.0 %
Gearing21.2 %26.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.0
Current ratio3.22.5
Cash and cash equivalents11 120.523 403.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:19.2%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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