Glatfelter Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Glatfelter Denmark A/S
Glatfelter Denmark A/S (CVR number: 13868611) is a company from KØBENHAVN. The company recorded a gross profit of -165 kDKK in 2024. The operating profit was -165 kDKK, while net earnings were -2679 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Glatfelter Denmark A/S's liquidity measured by quick ratio was 3.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 441.00 | - 268.00 | - 354.00 | - 165.00 | |
EBIT | - 441.00 | - 441.00 | - 268.00 | - 354.00 | - 165.00 |
Net earnings | -40 366.00 | - 158 969.00 | - 152 860.00 | -9 360.00 | -2 679.00 |
Shareholders equity total | 208 436.00 | 49 467.00 | - 103 393.00 | - 112 753.00 | 55 626.00 |
Balance sheet total (assets) | 594 923.00 | 223 277.00 | 77 294.00 | 79 537.00 | 79 830.00 |
Net debt | 386 394.00 | 150 170.00 | 156 992.00 | 168 550.00 | 530.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.3 % | 1.9 % | -0.1 % | -0.2 % | -0.1 % |
ROE | -19.4 % | -123.3 % | -241.2 % | -11.9 % | -4.0 % |
ROI | 0.3 % | 1.9 % | -0.1 % | -0.2 % | -0.1 % |
Economic value added (EVA) | - 441.00 | -30 409.46 | -11 484.55 | -4 162.90 | -4 136.18 |
Solvency | |||||
Equity ratio | 35.0 % | 22.2 % | -57.2 % | -58.6 % | 69.7 % |
Gearing | 185.4 % | 303.6 % | -151.8 % | -149.5 % | 1.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.4 | 0.0 | 0.0 | 3.9 |
Current ratio | 0.2 | 0.4 | 0.0 | 0.0 | 3.9 |
Cash and cash equivalents | 31.00 | 27.00 | 5.00 | 17.00 | 4.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
Variable visualization
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