GLARMESTER SØRENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 30519698
Postrækken 9 B, 4684 Holmegaard
kenneth@sorensen.dk
tel: 26149039

Credit rating

Company information

Official name
GLARMESTER SØRENSEN ApS
Personnel
2 persons
Established
2007
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About GLARMESTER SØRENSEN ApS

GLARMESTER SØRENSEN ApS (CVR number: 30519698) is a company from NÆSTVED. The company recorded a gross profit of 415.4 kDKK in 2023. The operating profit was 14.6 kDKK, while net earnings were 12.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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. GLARMESTER SØRENSEN ApS's liquidity measured by quick ratio was 3.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales592.84
Gross profit362.76396.00506.03462.85415.44
EBIT20.242.8453.436.9014.59
Net earnings15.111.4237.49-0.5412.76
Shareholders equity total182.23183.65221.14220.59233.35
Balance sheet total (assets)339.55369.66318.38276.34335.12
Net debt- 129.72- 166.88- 207.68- 166.68- 262.92
Profitability
EBIT-%3.4 %
ROA6.6 %0.8 %15.5 %2.4 %4.8 %
ROE8.6 %0.8 %18.5 %-0.2 %5.6 %
ROI11.3 %1.5 %26.2 %3.2 %6.4 %
Economic value added (EVA)9.930.2038.434.2210.05
Solvency
Equity ratio53.7 %49.7 %69.5 %79.8 %69.6 %
Gearing
Relative net indebtedness %3.8 %
Liquidity
Quick ratio1.71.62.74.43.1
Current ratio1.71.72.94.83.3
Cash and cash equivalents129.72166.88207.68166.68262.92
Capital use efficiency
Trade debtors turnover (days)53.3
Net working capital %17.6 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.77%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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