GLASHÆRDERIET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLASHÆRDERIET A/S
GLASHÆRDERIET A/S (CVR number: 31623499) is a company from BRØNDBY. The company recorded a gross profit of 4716 kDKK in 2024. The operating profit was 117 kDKK, while net earnings were 7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62 %, 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. GLASHÆRDERIET A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 347.00 | 5 675.00 | 6 857.00 | 4 650.00 | 4 716.00 |
EBIT | 1 113.00 | 1 199.00 | 1 840.00 | 119.00 | 117.00 |
Net earnings | 823.00 | 880.00 | 1 396.00 | 55.00 | 7.00 |
Shareholders equity total | 4 546.00 | 4 426.00 | 5 322.00 | 4 577.00 | 4 584.00 |
Balance sheet total (assets) | 9 122.00 | 8 128.00 | 9 081.00 | 7 767.00 | 7 751.00 |
Net debt | -1 432.00 | -78.00 | -96.00 | - 470.00 | 868.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.1 % | 13.9 % | 21.4 % | 1.6 % | 1.6 % |
ROE | 18.8 % | 19.6 % | 28.6 % | 1.1 % | 0.2 % |
ROI | 16.1 % | 17.4 % | 25.9 % | 2.0 % | 1.9 % |
Economic value added (EVA) | 516.90 | 589.90 | 1 094.85 | - 290.40 | - 233.81 |
Solvency | |||||
Equity ratio | 54.9 % | 59.5 % | 62.5 % | 62.7 % | 62.0 % |
Gearing | 18.7 % | 21.9 % | 14.8 % | 14.5 % | 19.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.1 | 1.4 | 1.4 | 0.8 |
Current ratio | 1.9 | 1.9 | 2.4 | 2.1 | 1.8 |
Cash and cash equivalents | 2 283.00 | 1 046.00 | 882.00 | 1 134.00 | 14.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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