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V. GULDMANN A/S — Credit Rating and Financial Key Figures

CVR number: 27706746
Graham Bells Vej 23 A, Skejby 8200 Aarhus N
finance@guldmann.com
tel: 87413187

Income statement (mDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales617.46713.36770.48847.68945.69
Other operating income5.420.400.350.280.73
Costs of manufacturing- 306.33- 351.96- 412.15- 442.31- 499.65
Gross profit311.13361.39358.33405.37446.04
Costs of management- 221.52- 266.46- 291.69- 307.84- 402.02
Costs of distribution-15.16-20.70-20.98-19.02-21.08
Other operating expenses-1.15-3.86-0.67-0.15-0.61
EBIT78.7370.7745.3478.6423.07
Other financial income2.6322.343.134.643.24
Other financial expenses-1.97-4.83-16.75-13.32-14.75
Pre-tax profit79.3988.2831.7269.9611.56
Income taxes-17.61-19.62-6.01-12.64-7.49
Net earnings61.7868.6725.7157.324.07

Assets (mDKK)

2021
2022
2023
2024
2025
Development expenditure13.7015.5819.1921.7726.77
Intangible rights7.035.514.023.472.84
Goodwill8.406.326.463.83
Intangible assets total20.7329.4929.5331.7133.45
Land and waters6.998.588.017.766.99
Buildings6.144.835.337.097.49
Machinery and equipment6.209.798.167.547.61
Tangible assets total19.3323.2121.5022.3922.08
Investments total
Non-current other receivables3.934.174.484.784.79
Long term receivables total3.934.174.484.784.79
Semifinished products1.842.243.174.0812.13
Raw materials and consumables46.4157.9364.3659.6568.16
Finished products/goods29.3961.5859.7364.4262.12
Inventories total77.64121.76127.26128.14142.42
Current trade debtors158.48203.61207.86216.70197.55
Current amounts owed by group member comp.6.3215.6419.7628.2013.74
Prepayments and accrued income4.668.555.386.0411.73
Current other receivables1.772.33
Current deferred tax assets1.262.682.886.959.64
Short term receivables total170.72230.49235.88259.66235.00
Other current investments0.000.00
Cash and bank deposits67.3541.9958.4080.8953.57
Cash and cash equivalents67.3541.9958.4080.8953.57
Balance sheet total (assets)359.71451.11477.04527.57491.31

Equity and liabilities (mDKK)

2021
2022
2023
2024
2025
Share capital0.600.600.600.600.60
Shares repurchased15.0015.0012.5020.0010.00
Other reserves3.26
Retained earnings171.97214.78268.79271.98319.58
Profit of the financial year61.7868.6725.7157.324.07
Minority interest (BS)-0.01-0.29
Shareholders equity total249.35299.05307.60349.89337.21
Provisions6.356.435.694.96
Non-current deferred tax liabilities9.9510.7010.3511.4011.47
Non-current liabilities total9.9510.7010.3511.4011.47
Current loans from credit institutions0.0035.7045.6846.1014.64
Advances received1.162.693.072.864.67
Current trade creditors33.4136.7845.3649.6053.80
Current owed to group member0.550.513.890.567.77
Short-term deferred tax liabilities14.5815.293.569.525.26
Other non-interest bearing current liabilities44.3743.9551.8452.7056.48
Current liabilities total94.07134.93153.41161.32142.62
Balance sheet total (liabilities)359.71451.11477.04527.57491.31
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