Glatfelter Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 13868611
Alexandriagade 8, 2150 Nordhavn

Credit rating

Company information

Official name
Glatfelter Denmark A/S
Established
1999
Company form
Limited company
Industry

About Glatfelter Denmark A/S

Glatfelter Denmark A/S (CVR number: 13868611K) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2019. The operating profit was -443 kDKK, while net earnings were -108.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -35.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Glatfelter Denmark A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2015
2016
2017
2018
2019
Volume
Net sales
Gross profit
EBIT- 460.00- 448.00- 442.00- 450.00- 443.00
Net earnings22 739.003 938.00- 139 963.00-85 815.00- 108 522.00
Shareholders equity total579 164.00583 102.00443 139.00357 324.00248 802.00
Balance sheet total (assets)636 124.00698 411.00728 673.00678 546.00611 778.00
Net debt31 740.0088 953.00278 722.00321 159.00362 814.00
Profitability
EBIT-%
ROA1.3 %1.1 %0.6 %0.8 %0.5 %
ROE4.0 %0.7 %-27.3 %-21.4 %-35.8 %
ROI1.4 %1.2 %0.6 %0.8 %0.5 %
Economic value added (EVA)-28 286.96-31 045.18-34 159.10-36 693.82-34 536.82
Solvency
Equity ratio91.0 %83.5 %60.8 %52.7 %40.7 %
Gearing5.5 %15.3 %62.9 %89.9 %145.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.60.20.20.2
Current ratio0.80.60.20.20.2
Cash and cash equivalents68.0012.0057.001.00100.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:0.52%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.7%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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