GLARMESTER JØRGEN NIELSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLARMESTER JØRGEN NIELSEN ApS
GLARMESTER JØRGEN NIELSEN ApS (CVR number: 30085353) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 232.2 kDKK, while net earnings were 181.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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 JØRGEN NIELSEN ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 969.62 | 1 838.19 | 1 520.92 | ||
EBIT | 173.14 | 391.56 | 364.48 | 442.07 | 232.17 |
Net earnings | 134.19 | 303.85 | 281.71 | 342.08 | 181.28 |
Shareholders equity total | 1 256.34 | 1 360.19 | 1 441.90 | 1 583.98 | 1 365.26 |
Balance sheet total (assets) | 1 777.44 | 2 288.63 | 1 964.25 | 2 147.16 | 1 840.36 |
Net debt | - 503.23 | - 455.56 | - 266.45 | - 206.82 | - 534.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.0 % | 19.3 % | 17.1 % | 21.5 % | 11.7 % |
ROE | 10.0 % | 23.2 % | 20.1 % | 22.6 % | 12.3 % |
ROI | 12.9 % | 30.0 % | 26.0 % | 29.2 % | 15.8 % |
Economic value added (EVA) | 98.50 | 266.99 | 237.93 | 285.06 | 111.84 |
Solvency | |||||
Equity ratio | 70.7 % | 59.4 % | 73.4 % | 73.8 % | 74.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 1.6 | 1.9 | 1.7 |
Current ratio | 1.3 | 1.4 | 1.7 | 2.0 | 1.9 |
Cash and cash equivalents | 503.23 | 455.56 | 266.45 | 206.82 | 534.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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