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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 sales391.57417.09432.34457.35519.31
Other operating income0.210.260.230.100.13
Costs of manufacturing- 233.48- 271.35- 292.42- 291.74- 351.99
Gross profit158.09145.74139.93165.61167.33
Costs of management-93.29-94.10- 103.75- 108.01- 117.27
Costs of distribution-13.63-17.94-19.40-18.11-20.08
Other operating expenses-0.15-2.79-0.05-0.01-0.17
EBIT51.2431.1716.9539.5829.94
Other financial income5.2028.6013.8012.7014.59
Other financial expenses-1.60-1.78-14.73-11.73-9.96
Net income from associates (fin.)19.0022.8512.0625.70-22.75
Pre-tax profit73.8480.8428.0966.2511.83
Income taxes-12.05-12.17-2.38-8.81-7.47
Net earnings61.7868.6725.7157.434.36

Assets (mDKK)

2021
2022
2023
2024
2025
Development expenditure13.7015.5819.1921.7726.77
Intangible rights6.985.553.993.522.96
Intangible assets total20.6821.1323.1825.3029.73
Buildings4.123.143.755.786.25
Machinery and equipment2.041.582.202.112.16
Tangible assets total6.164.725.957.898.40
Holdings in group member companies49.0780.5688.94113.4892.22
Investments total49.0780.5688.94113.4892.22
Non-current other receivables3.333.373.423.994.05
Long term receivables total3.333.373.423.994.05
Semifinished products1.842.243.1713.0212.13
Raw materials and consumables46.7457.9364.3659.6568.16
Finished products/goods25.2143.4248.4542.9843.08
Inventories total73.79103.59115.97115.65123.38
Current trade debtors37.1234.7133.2533.3644.10
Current amounts owed by group member comp.102.39166.72171.81168.76168.23
Prepayments and accrued income1.713.921.922.556.22
Current other receivables0.020.190.020.680.63
Short term receivables total141.24205.53207.00205.34219.18
Cash and bank deposits42.481.922.6040.0710.82
Cash and cash equivalents42.481.922.6040.0710.82
Balance sheet total (assets)336.74420.83447.06511.72487.78

Equity and liabilities (mDKK)

2021
2022
2023
2024
2025
Share capital0.600.600.600.600.60
Shares repurchased15.0015.0012.5020.0010.00
Other reserves41.6260.1671.5695.4877.93
Retained earnings130.35154.62197.23176.38244.62
Profit of the financial year61.7868.6725.7157.434.36
Shareholders equity total249.35299.05307.60349.89337.50
Provisions4.514.394.796.117.46
Non-current deferred tax liabilities9.9510.0310.3510.5310.84
Non-current liabilities total9.9510.0310.3510.5310.84
Current loans from credit institutions0.0035.7045.6848.5316.59
Advances received0.570.090.100.090.08
Current trade creditors29.9631.8438.1341.5248.16
Current owed to group member10.9111.3517.9831.8244.81
Short-term deferred tax liabilities12.6212.452.047.005.33
Other non-interest bearing current liabilities18.8815.9420.3916.2317.01
Current liabilities total72.93107.36124.33145.19131.98
Balance sheet total (liabilities)336.74420.83447.06511.72487.78
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