GLADSAXE BUTIKSCENTER A/S — Credit Rating and Financial Key Figures

CVR number: 30487389
Rolighedsvej 28, 7400 Herning

Company information

Official name
GLADSAXE BUTIKSCENTER A/S
Personnel
1 person
Established
2007
Company form
Limited company
Industry

About GLADSAXE BUTIKSCENTER A/S

GLADSAXE BUTIKSCENTER A/S (CVR number: 30487389) is a company from HERNING. The company reported a net sales of 3.1 mDKK in 2023, demonstrating a growth of 3.7 % compared to the previous year. The operating profit percentage was at 54.7 % (EBIT: 1.7 mDKK), while net earnings were 649 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. GLADSAXE BUTIKSCENTER A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 807.002 841.002 878.003 000.003 110.08
Gross profit2 550.002 633.002 601.002 727.002 576.71
EBIT2 533.002 613.002 581.002 707.001 700.94
Net earnings1 659.001 745.001 742.001 838.00648.97
Shareholders equity total23 283.0024 600.0025 914.0027 324.0027 543.88
Balance sheet total (assets)52 134.0052 163.0052 250.0052 442.0051 201.77
Net debt23 378.0021 693.0019 861.0017 985.0017 041.78
Profitability
EBIT-%90.2 %92.0 %89.7 %90.2 %54.7 %
ROA4.8 %5.0 %4.9 %5.2 %3.3 %
ROE7.3 %7.3 %6.9 %6.9 %2.4 %
ROI4.9 %5.0 %5.0 %5.2 %3.3 %
Economic value added (EVA)- 294.10- 215.06- 221.04-96.31- 870.58
Solvency
Equity ratio44.7 %47.2 %49.6 %52.1 %53.8 %
Gearing105.4 %92.6 %81.0 %70.3 %64.2 %
Relative net indebtedness %859.6 %789.7 %718.1 %627.6 %571.9 %
Liquidity
Quick ratio0.60.60.60.80.6
Current ratio0.60.60.60.80.6
Cash and cash equivalents1 168.001 082.001 133.001 236.00633.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-34.4 %-32.9 %-31.9 %-17.0 %-27.2 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:3.31%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board
Board member

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