GLIDOV FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 87434214
Sandbjergvej 30, 2950 Vedbæk
mette@glidov.dk
tel: 45806577

Credit rating

Company information

Official name
GLIDOV FINANS ApS
Established
1979
Company form
Private limited company
Industry

About GLIDOV FINANS ApS

GLIDOV FINANS ApS (CVR number: 87434214) is a company from RUDERSDAL. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -12.5 % compared to the previous year. The operating profit percentage was poor at -3443.2 % (EBIT: -3.6 mDKK), while net earnings were -1516.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLIDOV FINANS ApS's liquidity measured by quick ratio was 26.7 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
2019
2020
2021
2022
2023
Volume
Net sales120.00110.00120.00120.00105.00
Gross profit120.00-99.51- 129.1933.87- 425.88
EBIT- 265.28- 131.63- 203.8211.10-3 615.32
Net earnings- 295.52-57.02- 401.12908.21-1 516.17
Shareholders equity total21 346.0221 289.0020 887.8821 796.0920 279.92
Balance sheet total (assets)21 516.1721 484.1028 906.9428 425.2820 961.38
Net debt-7 698.16-7 713.74-17 398.42- 271.28-13 766.14
Profitability
EBIT-%-221.1 %-119.7 %-169.8 %9.2 %-3443.2 %
ROA-0.7 %-0.2 %-0.2 %4.0 %-4.1 %
ROE-1.4 %-0.3 %-1.9 %4.3 %-7.2 %
ROI-0.7 %-0.2 %-0.2 %4.0 %-4.1 %
Economic value added (EVA)323.01- 774.73- 796.42231.54-5 912.48
Solvency
Equity ratio99.2 %99.1 %72.3 %76.7 %96.7 %
Gearing0.4 %0.4 %37.9 %29.3 %0.5 %
Relative net indebtedness %-6348.5 %-6944.9 %-14416.4 %-28.9 %-12557.5 %
Liquidity
Quick ratio105.8108.73.23.426.7
Current ratio105.8108.73.23.426.7
Cash and cash equivalents7 788.317 805.4725 318.726 663.8413 866.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %10983.0 %9790.6 %11006.6 %8411.6 %4694.5 %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:-4.06%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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