Din Glasmand ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Din Glasmand ApS
Din Glasmand ApS (CVR number: 38560034) is a company from SORØ. The company reported a net sales of 4.9 mDKK in 2023, demonstrating a growth of 37.3 % compared to the previous year. The operating profit percentage was at 5.5 % (EBIT: 0.3 mDKK), while net earnings were 208.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.8 %, which can be considered excellent and Return on Equity (ROE) was 98.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36 %, 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. Din Glasmand ApS's liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 795.81 | 961.75 | 1 866.85 | 3 547.33 | 4 870.10 |
Gross profit | 316.08 | 74.84 | 335.90 | 1 108.44 | 1 491.76 |
EBIT | 316.08 | - 314.28 | 83.91 | 169.11 | 267.31 |
Net earnings | 316.08 | - 314.62 | 102.15 | 135.29 | 208.50 |
Shareholders equity total | 316.08 | 41.47 | 104.21 | 176.00 | 248.50 |
Balance sheet total (assets) | 426.02 | 93.74 | 267.96 | 383.26 | 690.95 |
Net debt | -95.78 | -57.11 | 65.44 | -84.22 | -96.07 |
Profitability | |||||
EBIT-% | 17.6 % | -32.7 % | 4.5 % | 4.8 % | 5.5 % |
ROA | 92.9 % | -120.9 % | 46.4 % | 51.9 % | 49.8 % |
ROE | 128.6 % | -176.0 % | 140.2 % | 96.6 % | 98.2 % |
ROI | 128.6 % | -175.8 % | 96.3 % | 109.6 % | 125.9 % |
Economic value added (EVA) | 308.79 | - 325.35 | 120.83 | 130.06 | 203.89 |
Solvency | |||||
Equity ratio | 74.2 % | 44.2 % | 34.2 % | 45.9 % | 36.0 % |
Gearing | 62.8 % | ||||
Relative net indebtedness % | 0.8 % | -0.5 % | 10.7 % | 3.5 % | 7.1 % |
Liquidity | |||||
Quick ratio | 3.9 | 1.8 | 1.5 | 2.2 | 1.8 |
Current ratio | 3.9 | 1.8 | 1.5 | 2.2 | 1.8 |
Cash and cash equivalents | 95.78 | 57.11 | 84.22 | 96.07 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 67.1 | 13.9 | 2.8 | 20.5 | 7.1 |
Net working capital % | 17.6 % | 4.3 % | 4.6 % | 5.9 % | 6.3 % |
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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