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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 1730.1 kDKK in 2024. The operating profit was -383.7 kDKK, while net earnings were -442 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.9 %, which can be considered poor and Return on Equity (ROE) was -70.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.6 %, 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 1.5 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 | 1 854.13 | 1 756.83 | 2 185.44 | 2 075.04 | 1 730.10 |
| EBIT | 249.05 | 192.39 | 331.56 | - 260.29 | - 383.69 |
| Net earnings | 185.90 | 141.65 | 253.69 | - 211.90 | - 442.02 |
| Shareholders equity total | 868.25 | 1 009.90 | 1 263.59 | 851.70 | 409.68 |
| Balance sheet total (assets) | 1 518.73 | 1 442.96 | 1 776.56 | 1 429.25 | 897.43 |
| Net debt | -1 161.36 | - 991.82 | -1 357.42 | - 785.98 | - 291.55 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 18.1 % | 13.0 % | 20.6 % | -16.1 % | -32.9 % |
| ROE | 24.0 % | 15.1 % | 22.3 % | -20.0 % | -70.1 % |
| ROI | 31.7 % | 20.5 % | 29.1 % | -24.4 % | -60.3 % |
| Economic value added (EVA) | 157.85 | 105.52 | 206.33 | - 276.41 | - 481.36 |
| Solvency | |||||
| Equity ratio | 57.2 % | 70.0 % | 71.1 % | 59.6 % | 45.6 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.5 | 3.2 | 3.7 | 2.1 | 1.5 |
| Current ratio | 2.5 | 3.3 | 3.7 | 2.2 | 1.6 |
| Cash and cash equivalents | 1 161.36 | 991.82 | 1 357.42 | 785.98 | 291.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | B |
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