GLASCOM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLASCOM A/S
GLASCOM A/S (CVR number: 28295472) is a company from SLAGELSE. The company recorded a gross profit of 28 mDKK in 2024. The operating profit was -664.4 kDKK, while net earnings were -1127.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GLASCOM A/S's liquidity measured by quick ratio was 2.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 29 292.29 | 33 363.07 | 35 342.74 | 32 010.91 | 27 988.97 |
EBIT | 5 321.27 | 7 615.94 | 7 405.89 | 2 683.88 | - 664.40 |
Net earnings | 4 892.20 | 6 814.44 | 6 558.99 | 4 947.06 | -1 127.11 |
Shareholders equity total | 10 549.18 | 10 062.20 | 11 621.19 | 11 068.26 | 9 941.15 |
Balance sheet total (assets) | 18 817.44 | 19 163.28 | 23 866.06 | 24 712.49 | 27 351.70 |
Net debt | - 472.09 | 3 818.79 | 5 714.91 | 4 934.55 | 746.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 34.1 % | 46.0 % | 39.6 % | 24.5 % | -2.9 % |
ROE | 52.0 % | 66.1 % | 60.5 % | 43.6 % | -10.7 % |
ROI | 51.9 % | 68.1 % | 50.9 % | 32.0 % | -5.2 % |
Economic value added (EVA) | 3 808.70 | 5 545.42 | 5 341.88 | 1 557.86 | - 743.28 |
Solvency | |||||
Equity ratio | 56.1 % | 52.5 % | 48.7 % | 44.8 % | 36.3 % |
Gearing | 9.2 % | 38.2 % | 49.4 % | 44.6 % | 7.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.2 | 1.1 | 0.7 | 2.2 |
Current ratio | 1.9 | 1.7 | 1.7 | 1.1 | 3.3 |
Cash and cash equivalents | 1 442.01 | 24.79 | 24.93 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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