GL Ejendomsselskab ApS — Credit Rating and Financial Key Figures

CVR number: 37330698
Godthåbsvej 82, 7400 Herning

Credit rating

Company information

Official name
GL Ejendomsselskab ApS
Established
2015
Company form
Private limited company
Industry

About GL Ejendomsselskab ApS

GL Ejendomsselskab ApS (CVR number: 37330698) is a company from HERNING. The company recorded a gross profit of 196.2 kDKK in 2024. The operating profit was 194.5 kDKK, while net earnings were 148.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.3 %, 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. GL Ejendomsselskab ApS's liquidity measured by quick ratio was 0.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit186.17174.24178.20215.46196.18
EBIT352.84459.24173.20210.46194.51
Net earnings248.65329.65105.50138.34148.27
Shareholders equity total774.83991.481 096.981 235.321 383.58
Balance sheet total (assets)2 078.072 419.622 396.892 397.802 504.14
Net debt938.76963.95727.49707.57501.95
Profitability
EBIT-%
ROA18.0 %20.4 %7.2 %8.8 %8.0 %
ROE35.2 %37.3 %10.1 %11.9 %11.3 %
ROI19.2 %21.4 %7.7 %9.5 %8.4 %
Economic value added (EVA)188.09259.9317.7455.6236.09
Solvency
Equity ratio37.3 %41.0 %45.8 %51.5 %55.3 %
Gearing130.7 %110.9 %73.4 %66.5 %52.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.20.3
Current ratio0.10.10.10.20.3
Cash and cash equivalents74.00135.1377.53114.21220.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.95%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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