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 5.6 mDKK in 2024, demonstrating a growth of 15.7 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 0.2 mDKK), while net earnings were 131.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 36.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 961.75 | 1 866.85 | 3 547.33 | 4 870.10 | 5 632.40 |
Gross profit | 74.84 | 335.90 | 1 108.44 | 1 491.76 | 1 485.31 |
EBIT | - 314.28 | 83.91 | 169.11 | 267.31 | 191.24 |
Net earnings | - 314.62 | 102.15 | 135.29 | 208.50 | 131.31 |
Shareholders equity total | 41.47 | 104.21 | 176.00 | 248.50 | 478.02 |
Balance sheet total (assets) | 93.74 | 267.96 | 383.26 | 690.95 | 1 238.07 |
Net debt | -57.11 | 65.44 | -84.22 | -96.07 | - 138.25 |
Profitability | |||||
EBIT-% | -32.7 % | 4.5 % | 4.8 % | 5.5 % | 3.4 % |
ROA | -120.9 % | 46.4 % | 51.9 % | 49.8 % | 20.0 % |
ROE | -176.0 % | 140.2 % | 96.6 % | 98.2 % | 36.1 % |
ROI | -175.8 % | 96.3 % | 109.6 % | 110.6 % | 49.2 % |
Economic value added (EVA) | - 330.16 | 100.07 | 126.77 | 199.66 | 132.00 |
Solvency | |||||
Equity ratio | 44.2 % | 34.2 % | 45.9 % | 36.0 % | 38.6 % |
Gearing | 62.8 % | ||||
Relative net indebtedness % | -0.5 % | 10.7 % | 3.5 % | 7.1 % | 11.0 % |
Liquidity | |||||
Quick ratio | 1.8 | 1.5 | 2.2 | 1.8 | 1.6 |
Current ratio | 1.8 | 1.5 | 2.2 | 1.8 | 1.6 |
Cash and cash equivalents | 57.11 | 84.22 | 96.07 | 138.25 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.9 | 2.8 | 20.5 | 7.1 | 30.6 |
Net working capital % | 4.3 % | 4.6 % | 5.9 % | 6.3 % | 8.5 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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