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: 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 total208 436.0049 467.00- 103 393.00- 112 753.0055 626.00
Balance sheet total (assets)594 923.00223 277.0077 294.0079 537.0079 830.00
Net debt386 394.00150 170.00156 992.00168 550.00530.00
Profitability
EBIT-%
ROA0.3 %1.9 %-0.1 %-0.2 %-0.1 %
ROE-19.4 %-123.3 %-241.2 %-11.9 %-4.0 %
ROI0.3 %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 ratio35.0 %22.2 %-57.2 %-58.6 %69.7 %
Gearing185.4 %303.6 %-151.8 %-149.5 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.00.03.9
Current ratio0.20.40.00.03.9
Cash and cash equivalents31.0027.005.0017.004.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-0.12%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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