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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 2024. The operating profit was 391 kDKK, while net earnings were 282.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.5 %, which can be considered excellent and Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 838.19 | 1 520.92 | |||
| EBIT | 391.56 | 364.48 | 442.07 | 232.17 | 391.05 |
| Net earnings | 303.85 | 281.71 | 342.08 | 181.28 | 282.86 |
| Shareholders equity total | 1 360.19 | 1 441.90 | 1 583.98 | 1 365.26 | 1 248.12 |
| Balance sheet total (assets) | 2 288.63 | 1 964.25 | 2 147.16 | 1 840.36 | 1 977.16 |
| Net debt | - 455.56 | - 266.45 | - 206.82 | - 534.33 | - 784.94 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.3 % | 17.1 % | 21.5 % | 11.7 % | 20.5 % |
| ROE | 23.2 % | 20.1 % | 22.6 % | 12.3 % | 21.6 % |
| ROI | 30.0 % | 26.0 % | 29.2 % | 15.8 % | 28.2 % |
| Economic value added (EVA) | 241.48 | 215.03 | 271.68 | 101.45 | 213.90 |
| Solvency | |||||
| Equity ratio | 59.4 % | 73.4 % | 73.8 % | 74.2 % | 63.1 % |
| Gearing | 13.1 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.6 | 1.9 | 1.7 | 1.4 |
| Current ratio | 1.4 | 1.7 | 2.0 | 1.9 | 1.4 |
| Cash and cash equivalents | 455.56 | 266.45 | 206.82 | 534.33 | 948.38 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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