GLASDANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 15069805
Constantiavej 10, 2960 Rungsted Kyst

Credit rating

Company information

Official name
GLASDANMARK ApS
Established
1991
Company form
Private limited company
Industry

About GLASDANMARK ApS

GLASDANMARK ApS (CVR number: 15069805) is a company from HØRSHOLM. The company recorded a gross profit of -17 kDKK in 2023. The operating profit was -17 kDKK, while net earnings were 303.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.2 %, which can be considered excellent and Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLASDANMARK ApS's liquidity measured by quick ratio was 22.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-17.8594.62-10.53-24.71-16.98
EBIT-17.8594.62-10.53-24.71-16.98
Net earnings-27.0873.71-15.07-6.68303.52
Shareholders equity total1 370.351 444.061 428.981 422.301 725.82
Balance sheet total (assets)1 385.951 550.191 440.471 432.301 806.92
Net debt-1 350.27-1 518.72-1 407.68-1 409.79-1 793.83
Profitability
EBIT-%
ROA-1.3 %6.4 %-0.1 %2.9 %25.2 %
ROE-2.0 %5.2 %-1.0 %-0.5 %19.3 %
ROI-1.3 %6.7 %-0.1 %2.9 %25.9 %
Economic value added (EVA)-19.1183.79-4.31-17.80-13.83
Solvency
Equity ratio98.9 %93.2 %99.2 %99.3 %95.5 %
Gearing0.2 %
Relative net indebtedness %
Liquidity
Quick ratio86.614.3122.9143.222.3
Current ratio88.814.6125.4143.222.3
Cash and cash equivalents1 350.271 521.651 407.681 409.791 793.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:25.2%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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