CARGLASS A/S — Credit Rating and Financial Key Figures

CVR number: 20718196
Roskildevej 16, 2620 Albertslund
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Company information

Official name
CARGLASS A/S
Personnel
304 persons
Established
1998
Company form
Limited company
Industry

About CARGLASS A/S

CARGLASS A/S (CVR number: 20718196) is a company from ALBERTSLUND. The company recorded a gross profit of 151.3 mDKK in 2024. The operating profit was 4140 kDKK, while net earnings were 4523 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CARGLASS A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit89 531.0097 563.00131 623.00151 339.00
EBIT831.003 267.003 539.004 140.00
Net earnings646.004 661.003 665.004 523.00
Shareholders equity total9 415.0014 076.0020 408.0024 931.00
Balance sheet total (assets)40 907.0044 446.0087 945.0080 623.00
Net debt30 816.00- 764.00
Profitability
EBIT-%
ROA2.1 %7.7 %4.0 %4.9 %
ROE7.1 %39.7 %18.0 %20.0 %
ROI2.4 %7.7 %5.8 %7.9 %
Economic value added (EVA)- 544.492 793.90- 707.322 512.69- 134.14
Solvency
Equity ratio100.0 %100.0 %23.2 %30.9 %
Gearing199.7 %76.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.9
Current ratio0.91.0
Cash and cash equivalents9 941.0019 943.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBAA

Variable visualization

ROA:4.91%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.9%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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