GLADSAXE BUTIKSCENTER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 807.00 | 2 841.00 | 2 878.00 | 3 000.00 | 3 110.08 |
Gross profit | 2 550.00 | 2 633.00 | 2 601.00 | 2 727.00 | 2 576.71 |
EBIT | 2 533.00 | 2 613.00 | 2 581.00 | 2 707.00 | 1 700.94 |
Net earnings | 1 659.00 | 1 745.00 | 1 742.00 | 1 838.00 | 648.97 |
Shareholders equity total | 23 283.00 | 24 600.00 | 25 914.00 | 27 324.00 | 27 543.88 |
Balance sheet total (assets) | 52 134.00 | 52 163.00 | 52 250.00 | 52 442.00 | 51 201.77 |
Net debt | 23 378.00 | 21 693.00 | 19 861.00 | 17 985.00 | 17 041.78 |
Profitability | |||||
EBIT-% | 90.2 % | 92.0 % | 89.7 % | 90.2 % | 54.7 % |
ROA | 4.8 % | 5.0 % | 4.9 % | 5.2 % | 3.3 % |
ROE | 7.3 % | 7.3 % | 6.9 % | 6.9 % | 2.4 % |
ROI | 4.9 % | 5.0 % | 5.0 % | 5.2 % | 3.3 % |
Economic value added (EVA) | - 294.10 | - 215.06 | - 221.04 | -96.31 | - 870.58 |
Solvency | |||||
Equity ratio | 44.7 % | 47.2 % | 49.6 % | 52.1 % | 53.8 % |
Gearing | 105.4 % | 92.6 % | 81.0 % | 70.3 % | 64.2 % |
Relative net indebtedness % | 859.6 % | 789.7 % | 718.1 % | 627.6 % | 571.9 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.6 | 0.8 | 0.6 |
Current ratio | 0.6 | 0.6 | 0.6 | 0.8 | 0.6 |
Cash and cash equivalents | 1 168.00 | 1 082.00 | 1 133.00 | 1 236.00 | 633.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -34.4 % | -32.9 % | -31.9 % | -17.0 % | -27.2 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.