GLARMESTER NIELSON ApS — Credit Rating and Financial Key Figures

CVR number: 33391900
Virum Stationsvej 109, 2830 Virum
glarmester@nielsonglas.dk
tel: 45853399
nielsonglas.dk

Credit rating

Company information

Official name
GLARMESTER NIELSON ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About GLARMESTER NIELSON ApS

GLARMESTER NIELSON ApS (CVR number: 33391900) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1048.2 kDKK in 2023. The operating profit was 183.6 kDKK, while net earnings were 148.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.8 %, 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. GLARMESTER NIELSON ApS's liquidity measured by quick ratio was 2.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 099.771 256.351 191.471 152.871 048.21
EBIT123.33236.1871.00232.51183.61
Net earnings95.42183.3051.34177.85148.08
Shareholders equity total417.82601.12652.46704.71852.78
Balance sheet total (assets)759.531 176.501 085.00988.471 172.05
Net debt- 445.29- 828.92- 668.72- 592.68- 690.03
Profitability
EBIT-%
ROA17.2 %24.4 %6.3 %22.4 %17.0 %
ROE25.8 %36.0 %8.2 %26.2 %19.0 %
ROI32.8 %45.6 %11.2 %33.9 %23.4 %
Economic value added (EVA)106.04185.8566.51181.89137.62
Solvency
Equity ratio55.0 %51.1 %60.1 %71.3 %72.8 %
Gearing2.0 %1.4 %1.5 %0.5 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.92.33.12.7
Current ratio2.12.02.43.32.8
Cash and cash equivalents453.51837.17678.36596.03696.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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