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

About GLOSTRUP VAND A/S

GLOSTRUP VAND A/S (CVR number: 33043201) is a company from GLOSTRUP. The company reported a net sales of 15.6 mDKK in 2024, demonstrating a decline of -24.5 % compared to the previous year. The operating profit percentage was at 20 % (EBIT: 3.1 mDKK), while net earnings were 2220 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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 5.2 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales17 328.7917 499.3218 872.6620 704.7215 623.16
Gross profit13 137.7413 073.0213 617.2416 194.2611 294.95
EBIT4 680.035 358.345 855.567 163.283 119.03
Net earnings2 253.413 114.793 673.235 252.682 219.99
Shareholders equity total126 338.95127 460.05131 133.28136 385.95138 605.94
Balance sheet total (assets)209 524.25216 543.36215 951.94224 076.81225 361.17
Net debt59 303.3655 313.6151 196.2347 167.6841 769.05
Profitability
EBIT-%27.0 %30.6 %31.0 %34.6 %20.0 %
ROA2.3 %2.5 %2.7 %3.6 %1.8 %
ROE1.8 %2.5 %2.8 %3.9 %1.6 %
ROI2.3 %2.6 %2.8 %3.6 %1.8 %
Economic value added (EVA)-6 535.54-5 880.56-5 797.32-4 988.01-8 444.41
Solvency
Equity ratio60.3 %58.9 %60.7 %60.9 %61.5 %
Gearing57.2 %59.7 %56.5 %54.5 %52.1 %
Relative net indebtedness %393.5 %373.6 %308.1 %266.4 %322.1 %
Liquidity
Quick ratio2.23.84.84.85.2
Current ratio2.33.95.15.05.4
Cash and cash equivalents12 935.5420 717.6322 838.9027 135.2230 376.32
Capital use efficiency
Trade debtors turnover (days)84.988.933.8117.046.4
Net working capital %75.2 %131.7 %132.6 %149.6 %204.1 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:1.80%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.5%
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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