Glatfelter Holding (Denmark) A/S

CVR number: 28156960
Alexandriagade 8, 2150 Nordhavn

Credit rating

Company information

Official name
Glatfelter Holding (Denmark) A/S
Personnel
3 persons
Established
2004
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About Glatfelter Holding (Denmark) A/S

Glatfelter Holding (Denmark) A/S (CVR number: 28156960) is a company from KØBENHAVN. The company recorded a gross profit of -1043 kDKK in 2023, demonstrating a decline of -196.3 % compared to the previous year. The operating profit was -1043 kDKK, while net earnings were 7919 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66 %, 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 Holding (Denmark) A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales3 328.003 044.002 365.00-1.00
Gross profit3 328.005 727.00969.00- 352.00-1 043.00
EBIT3 328.00- 617.00- 502.00- 352.00-1 043.00
Net earnings22 011.00-26 294.00378 920.00- 360 458.007 919.00
Shareholders equity total233 455.00207 161.00526 081.00165 623.00173 542.00
Balance sheet total (assets)1 181 574.001 153 655.00614 225.00250 589.00262 899.00
Net debt-6 397.00936 812.0082 015.0082 646.0086 506.00
Profitability
EBIT-%100.0 %-20.3 %-21.2 %
ROA0.3 %3.9 %48.8 %2.3 %5.5 %
ROE9.9 %-11.9 %103.4 %-104.2 %4.7 %
ROI0.3 %3.9 %48.9 %2.3 %5.5 %
Economic value added (EVA)-7 029.73-11 975.1510 472.30-7 653.64-3 064.19
Solvency
Equity ratio100.0 %18.0 %85.6 %66.1 %66.0 %
Gearing456.4 %16.0 %51.2 %49.9 %
Relative net indebtedness %-192.2 %30809.8 %3633.6 %-8281900.0 %
Liquidity
Quick ratio10.11.212.60.0
Current ratio10.11.212.60.0
Cash and cash equivalents6 397.008 645.002 210.002 147.0082.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %240.7 %311.1 %40.9 %-201000.0 %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:5.50%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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