GLIMMENGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 25788230
Høvejen 109 A, 9400 Nørresundby

Company information

Official name
GLIMMENGAARD ApS
Established
2000
Company form
Private limited company
Industry

About GLIMMENGAARD ApS

GLIMMENGAARD ApS (CVR number: 25788230) is a company from AALBORG. The company recorded a gross profit of -32.3 kDKK in 2024. The operating profit was -108.6 kDKK, while net earnings were 192.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLIMMENGAARD ApS's liquidity measured by quick ratio was 78.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.77-31.044.7910.88-32.33
EBIT-84.13- 118.27-21.46-35.13- 108.58
Net earnings402.64557.7188.87336.58192.80
Shareholders equity total7 656.318 101.028 075.898 294.678 367.48
Balance sheet total (assets)7 669.509 532.178 846.418 431.298 446.75
Net debt-1 220.28- 174.93- 896.77-1 844.31-2 589.05
Profitability
EBIT-%
ROA5.4 %6.7 %1.4 %5.1 %2.2 %
ROE5.4 %7.1 %1.1 %4.1 %2.3 %
ROI5.4 %6.7 %1.4 %5.2 %2.2 %
Economic value added (EVA)- 454.39- 503.20- 493.68- 468.50- 534.61
Solvency
Equity ratio99.8 %85.0 %91.3 %98.4 %99.1 %
Gearing0.1 %17.3 %8.8 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio377.15.18.545.378.7
Current ratio377.15.18.545.378.7
Cash and cash equivalents1 224.451 573.651 608.181 844.312 591.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.16%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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