GLOSTRUP VAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 13 228.12 | 17 328.79 | 17 499.32 | 18 872.66 | 20 704.72 |
Gross profit | 9 081.75 | 13 137.74 | 13 073.02 | 13 617.24 | 16 194.26 |
EBIT | 594.75 | 4 680.03 | 5 358.34 | 5 855.56 | 7 163.28 |
Net earnings | - 890.15 | 2 253.41 | 3 114.79 | 3 673.23 | 5 252.68 |
Shareholders equity total | 124 085.54 | 126 338.95 | 127 460.05 | 131 133.28 | 136 385.95 |
Balance sheet total (assets) | 202 996.93 | 209 524.25 | 216 543.36 | 215 951.94 | 224 076.81 |
Net debt | 54 551.50 | 59 303.36 | 55 313.61 | 51 196.23 | 47 167.68 |
Profitability | |||||
EBIT-% | 4.5 % | 27.0 % | 30.6 % | 31.0 % | 34.6 % |
ROA | 0.3 % | 2.3 % | 2.5 % | 2.7 % | 3.6 % |
ROE | -0.7 % | 1.8 % | 2.5 % | 2.8 % | 3.9 % |
ROI | 0.3 % | 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 ratio | 61.1 % | 60.3 % | 58.9 % | 60.7 % | 60.9 % |
Gearing | 59.4 % | 57.2 % | 59.7 % | 56.5 % | 54.5 % |
Relative net indebtedness % | 438.5 % | 393.5 % | 373.6 % | 308.1 % | 266.4 % |
Liquidity | |||||
Quick ratio | 3.2 | 2.2 | 3.8 | 4.8 | 4.8 |
Current ratio | 3.4 | 2.3 | 3.9 | 5.1 | 5.0 |
Cash and cash equivalents | 19 143.58 | 12 935.54 | 20 717.63 | 22 838.90 | 27 135.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 11.3 | 84.9 | 88.9 | 33.8 | 117.0 |
Net working capital % | 128.4 % | 75.2 % | 131.7 % | 132.6 % | 149.6 % |
Credit risk | |||||
Credit rating | AA | AAA | AAA | AAA | AAA |
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