Glintborg ApS — Credit Rating and Financial Key Figures

CVR number: 38139347
Herningvej 1, 6950 Ringkøbing

Company information

Official name
Glintborg ApS
Established
2016
Company form
Private limited company
Industry

About Glintborg ApS

Glintborg ApS (CVR number: 38139347) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -24.3 kDKK in 2024. The operating profit was -24.3 kDKK, while net earnings were 63 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Glintborg ApS's liquidity measured by quick ratio was 293.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-28.59-44.59- 141.37-81.32-24.30
EBIT-28.59-44.59- 141.37-81.32-24.30
Net earnings672.011 014.20- 344.6130.0963.01
Shareholders equity total1 983.032 827.732 311.522 164.912 044.92
Balance sheet total (assets)1 988.033 004.812 349.402 181.412 051.90
Net debt- 249.74-2 752.53-2 348.95-2 173.95-2 045.29
Profitability
EBIT-%
ROA37.6 %41.1 %-5.2 %4.7 %9.2 %
ROE38.8 %42.2 %-13.4 %1.3 %3.0 %
ROI38.5 %42.6 %-5.4 %4.8 %9.2 %
Economic value added (EVA)-96.51- 144.78- 283.09- 197.47- 132.91
Solvency
Equity ratio99.7 %94.1 %98.4 %99.2 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio59.717.062.0132.2293.9
Current ratio59.717.062.0132.2293.9
Cash and cash equivalents249.742 752.532 348.952 173.952 045.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:9.16%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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