GLARMESTER RASMUSSEN & SØN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLARMESTER RASMUSSEN & SØN ApS
GLARMESTER RASMUSSEN & SØN ApS (CVR number: 29689903) is a company from Høje-Taastrup. The company recorded a gross profit of 331.1 kDKK in 2024. The operating profit was -152.6 kDKK, while net earnings were -57.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.8 %, which can be considered poor and Return on Equity (ROE) was -29.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GLARMESTER RASMUSSEN & SØN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 631.86 | 1 372.87 | 1 747.38 | ||
Gross profit | 379.34 | 347.35 | 375.38 | 221.58 | 331.12 |
EBIT | 18.05 | -36.76 | 47.50 | - 110.92 | - 152.61 |
Net earnings | 15.85 | -39.24 | 37.02 | - 112.63 | -57.90 |
Shareholders equity total | 19.89 | -19.35 | 17.67 | -94.96 | - 152.86 |
Balance sheet total (assets) | 303.35 | 225.99 | 245.30 | 116.06 | 281.83 |
Net debt | - 107.37 | 63.59 | -62.42 | 10.18 | 295.19 |
Profitability | |||||
EBIT-% | 1.1 % | -2.7 % | 2.7 % | ||
ROA | 7.1 % | -13.4 % | 19.4 % | -47.2 % | -46.8 % |
ROE | 132.6 % | -31.9 % | 30.4 % | -168.4 % | -29.1 % |
ROI | 50.9 % | -75.8 % | 100.3 % | -482.4 % | -98.0 % |
Economic value added (EVA) | 16.16 | -38.44 | 45.28 | - 112.49 | - 104.26 |
Solvency | |||||
Equity ratio | 6.6 % | -7.9 % | 7.2 % | -45.0 % | -15.8 % |
Gearing | 67.9 % | -328.6 % | 76.4 % | -14.2 % | -193.1 % |
Relative net indebtedness % | 10.0 % | 17.9 % | 8.7 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 0.7 | 0.3 | 0.7 |
Current ratio | 1.0 | 0.9 | 0.9 | 0.3 | 0.7 |
Cash and cash equivalents | 120.87 | 75.91 | 3.31 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 18.1 | 36.1 | 5.9 | ||
Net working capital % | 0.4 % | -1.2 % | -1.4 % | ||
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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