GLOSTRUP VAND A/S — Credit Rating and Financial Key Figures

CVR number: 33043201
Ørnebjergvej 7, 2600 Glostrup
forsyning@glostrupforsyning.dk
tel: 43208020
www.glostrupforsyning.dk

Credit rating

Company information

Official name
GLOSTRUP VAND A/S
Established
2010
Company form
Limited company
Industry
  • Expand more icon36Water collection, treatment and supply

About GLOSTRUP VAND A/S

GLOSTRUP VAND A/S (CVR number: 33043201) is a company from GLOSTRUP. The company reported a net sales of 20.7 mDKK in 2023, demonstrating a growth of 9.7 % compared to the previous year. The operating profit percentage was at 34.6 % (EBIT: 7.2 mDKK), while net earnings were 5252.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.9 %, 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. GLOSTRUP VAND A/S's liquidity measured by quick ratio was 4.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales13 228.1217 328.7917 499.3218 872.6620 704.72
Gross profit9 081.7513 137.7413 073.0213 617.2416 194.26
EBIT594.754 680.035 358.345 855.567 163.28
Net earnings- 890.152 253.413 114.793 673.235 252.68
Shareholders equity total124 085.54126 338.95127 460.05131 133.28136 385.95
Balance sheet total (assets)202 996.93209 524.25216 543.36215 951.94224 076.81
Net debt54 551.5059 303.3655 313.6151 196.2347 167.68
Profitability
EBIT-%4.5 %27.0 %30.6 %31.0 %34.6 %
ROA0.3 %2.3 %2.5 %2.7 %3.6 %
ROE-0.7 %1.8 %2.5 %2.8 %3.9 %
ROI0.3 %2.3 %2.6 %2.8 %3.6 %
Economic value added (EVA)-7 575.01-5 295.56-5 022.07-4 502.17-3 537.76
Solvency
Equity ratio61.1 %60.3 %58.9 %60.7 %60.9 %
Gearing59.4 %57.2 %59.7 %56.5 %54.5 %
Relative net indebtedness %438.5 %393.5 %373.6 %308.1 %266.4 %
Liquidity
Quick ratio3.22.23.84.84.8
Current ratio3.42.33.95.15.0
Cash and cash equivalents19 143.5812 935.5420 717.6322 838.9027 135.22
Capital use efficiency
Trade debtors turnover (days)11.384.988.933.8117.0
Net working capital %128.4 %75.2 %131.7 %132.6 %149.6 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:3.57%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.9%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer
Board member

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