DANSK GLAS A/S — Credit Rating and Financial Key Figures

CVR number: 21844985
Rødager Alle 131, 2610 Rødovre
glarmester@glarmester.dk
tel: 70261060
www.glarmester.dk

Credit rating

Company information

Official name
DANSK GLAS A/S
Personnel
5 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About DANSK GLAS A/S

DANSK GLAS A/S (CVR number: 21844985) is a company from RØDOVRE. The company recorded a gross profit of 3433.1 kDKK in 2023. The operating profit was 699.1 kDKK, while net earnings were 427.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.5 %, 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. DANSK GLAS A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 881.814 145.014 214.633 615.743 433.11
EBIT- 610.561 106.82336.5322.20699.07
Net earnings- 721.251 078.34308.5438.97427.33
Shareholders equity total3 866.564 944.902 253.432 292.402 719.73
Balance sheet total (assets)8 276.399 135.905 949.335 411.085 844.82
Net debt2 189.371 530.52997.72874.32645.64
Profitability
EBIT-%
ROA-7.2 %12.9 %4.8 %0.8 %12.9 %
ROE-17.1 %24.5 %8.6 %1.7 %17.1 %
ROI-9.6 %17.3 %7.2 %1.4 %22.2 %
Economic value added (EVA)- 759.46968.76174.03-96.96395.26
Solvency
Equity ratio46.7 %54.1 %37.9 %42.4 %46.5 %
Gearing56.7 %33.5 %44.7 %38.6 %24.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.81.01.11.2
Current ratio1.31.31.51.71.8
Cash and cash equivalents2.15128.2710.3410.0010.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

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