GLUD-NØRBY BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 44017717
Fruens Toft 11, Glud 7130 Juelsminde

Credit rating

Company information

Official name
GLUD-NØRBY BRUGSFORENING
Personnel
29 persons
Established
1919
Domicile
Glud
Industry

About GLUD-NØRBY BRUGSFORENING

GLUD-NØRBY BRUGSFORENING (CVR number: 44017717) is a company from HEDENSTED. The company recorded a gross profit of 4519.4 kDKK in 2024. The operating profit was -1105.9 kDKK, while net earnings were -647.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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. GLUD-NØRBY BRUGSFORENING's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit4 800.004 916.003 953.264 638.604 519.45
EBIT68.00656.00-1 127.44- 765.82-1 105.92
Net earnings256.00736.00- 594.49- 336.48- 647.95
Shareholders equity total12 709.0013 449.0012 863.3812 531.0311 887.26
Balance sheet total (assets)18 470.0018 484.0018 085.4718 104.0217 323.42
Net debt196.16947.071 058.94
Profitability
EBIT-%
ROA0.4 %3.6 %-4.2 %-2.1 %-4.0 %
ROE2.0 %5.6 %-4.5 %-2.7 %-5.3 %
ROI0.4 %3.6 %-4.7 %-2.7 %-5.1 %
Economic value added (EVA)- 557.5117.37-1 526.07-1 235.75-1 555.73
Solvency
Equity ratio100.0 %100.0 %71.1 %69.2 %68.6 %
Gearing4.1 %11.3 %9.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.4
Current ratio1.01.00.8
Cash and cash equivalents325.17472.25106.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-4.03%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.6%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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