GLARMESTRENE MOGENS JENSEN & SØN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLARMESTRENE MOGENS JENSEN & SØN ApS
GLARMESTRENE MOGENS JENSEN & SØN ApS (CVR number: 35480668) is a company from KØGE. The company recorded a gross profit of 2075 kDKK in 2023. The operating profit was -260.3 kDKK, while net earnings were -211.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.1 %, which can be considered poor and Return on Equity (ROE) was -20 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.6 %, 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. GLARMESTRENE MOGENS JENSEN & SØN ApS's liquidity measured by quick ratio was 2.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 636.03 | 1 854.13 | 1 756.83 | 2 185.44 | 2 075.04 |
EBIT | 257.17 | 249.05 | 192.39 | 331.56 | - 260.29 |
Net earnings | 195.51 | 185.90 | 141.65 | 253.69 | - 211.90 |
Shareholders equity total | 682.36 | 868.25 | 1 009.90 | 1 263.59 | 851.70 |
Balance sheet total (assets) | 1 225.81 | 1 518.73 | 1 442.96 | 1 776.56 | 1 429.25 |
Net debt | - 841.49 | -1 161.36 | - 991.82 | -1 357.42 | - 785.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.6 % | 18.1 % | 13.0 % | 20.6 % | -16.1 % |
ROE | 33.4 % | 24.0 % | 15.1 % | 22.3 % | -20.0 % |
ROI | 42.9 % | 31.7 % | 20.5 % | 29.1 % | -24.4 % |
Economic value added (EVA) | 201.11 | 202.34 | 163.88 | 256.29 | - 208.17 |
Solvency | |||||
Equity ratio | 55.7 % | 57.2 % | 70.0 % | 71.1 % | 59.6 % |
Gearing | 3.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.5 | 3.2 | 3.7 | 2.1 |
Current ratio | 2.4 | 2.5 | 3.3 | 3.7 | 2.2 |
Cash and cash equivalents | 863.36 | 1 161.36 | 991.82 | 1 357.42 | 785.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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