GLECO INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLECO INTERNATIONAL A/S
GLECO INTERNATIONAL A/S (CVR number: 29919402) is a company from FREDERIKSSUND. The company recorded a gross profit of -21 kDKK in 2024. The operating profit was -21 kDKK, while net earnings were 1064.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLECO INTERNATIONAL A/S's liquidity measured by quick ratio was 51.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -16.67 | -21.07 | -15.67 | -20.04 | -21.02 |
EBIT | -16.67 | -21.07 | -15.67 | -20.04 | -21.02 |
Net earnings | 1 851.01 | 726.81 | 796.52 | 1 084.18 | 1 064.81 |
Shareholders equity total | 5 869.50 | 5 796.31 | 5 792.83 | 6 077.01 | 6 141.82 |
Balance sheet total (assets) | 5 879.50 | 5 806.31 | 5 802.83 | 6 087.01 | 6 151.81 |
Net debt | -0.42 | -0.46 | -0.22 | -2.60 | -2.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 32.3 % | 12.4 % | 13.7 % | 18.2 % | 17.4 % |
ROE | 34.6 % | 12.5 % | 13.7 % | 18.3 % | 17.4 % |
ROI | 32.4 % | 12.4 % | 13.7 % | 18.2 % | 17.4 % |
Economic value added (EVA) | - 296.45 | - 311.38 | - 303.49 | - 306.72 | - 321.77 |
Solvency | |||||
Equity ratio | 99.8 % | 99.8 % | 99.8 % | 99.8 % | 99.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 24.3 | 17.0 | 16.6 | 45.0 | 51.5 |
Current ratio | 24.3 | 17.0 | 16.6 | 45.0 | 51.5 |
Cash and cash equivalents | 0.42 | 0.46 | 0.22 | 2.60 | 2.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
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