GLITZKY ApS — Credit Rating and Financial Key Figures

CVR number: 32446558
Bastebjerg 30, 2690 Karlslunde

Company information

Official name
GLITZKY ApS
Established
2009
Company form
Private limited company
Industry

About GLITZKY ApS

GLITZKY ApS (CVR number: 32446558) is a company from GREVE. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a decline of -8.7 % compared to the previous year. The operating profit percentage was at 96.4 % (EBIT: 1.6 mDKK), while net earnings were 1969.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLITZKY ApS's liquidity measured by quick ratio was 208.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 923.10941.871 662.881 766.601 612.17
Gross profit1 909.73932.891 651.871 733.411 560.44
EBIT1 895.00925.621 646.821 727.951 554.70
Net earnings1 896.74925.081 645.921 483.271 969.72
Shareholders equity total4 244.005 058.486 504.406 982.668 292.39
Balance sheet total (assets)4 268.715 081.536 525.047 003.318 313.03
Net debt- 141.49- 508.04-1 788.68-2 481.66-4 269.06
Profitability
EBIT-%98.5 %98.3 %99.0 %97.8 %96.4 %
ROA53.5 %19.8 %28.5 %26.9 %25.7 %
ROE54.8 %19.9 %28.5 %22.0 %25.8 %
ROI53.8 %19.9 %28.6 %27.0 %25.8 %
Economic value added (EVA)1 902.05990.681 754.111 863.201 670.39
Solvency
Equity ratio99.4 %99.5 %99.7 %99.7 %99.8 %
Gearing
Relative net indebtedness %-6.1 %-51.5 %-106.3 %-139.3 %-263.5 %
Liquidity
Quick ratio5.722.086.6121.1208.2
Current ratio5.722.086.6121.1208.2
Cash and cash equivalents141.49508.041 788.682 481.664 269.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %6.1 %51.5 %15.9 %1.1 %5.0 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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