GLYCOM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLYCOM A/S
GLYCOM A/S (CVR number: 28512457) is a company from RUDERSDAL. The company recorded a gross profit of 154 mDKK in 2023. The operating profit was 79.6 mDKK, while net earnings were 51.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.1 %, 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. GLYCOM A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 160 268.00 | 123 707.00 | 195 042.00 | 195 172.00 | 154 033.00 |
EBIT | 105 135.00 | 48 533.00 | 96 947.00 | 131 262.00 | 79 555.00 |
Net earnings | 30 534.00 | 10 605.00 | 72 821.00 | 99 583.00 | 51 052.00 |
Shareholders equity total | 217 798.00 | 270 893.00 | 343 714.00 | 443 297.00 | 494 349.00 |
Balance sheet total (assets) | 761 630.00 | 730 001.00 | 747 724.00 | 905 555.00 | 931 111.00 |
Net debt | 332 913.00 | 399 555.00 | 372 782.00 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 14.2 % | 6.5 % | 13.1 % | 16.1 % | 8.7 % |
ROE | 24.6 % | 4.3 % | 23.7 % | 25.3 % | 10.9 % |
ROI | 14.2 % | 6.5 % | 13.6 % | 17.0 % | 9.0 % |
Economic value added (EVA) | 103 605.74 | 37 588.65 | 62 539.13 | 113 437.07 | 66 063.84 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 46.0 % | 49.0 % | 53.1 % |
Gearing | 97.8 % | 91.1 % | 75.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.5 | 0.7 | ||
Current ratio | 0.1 | 0.5 | 0.7 | ||
Cash and cash equivalents | 3 193.00 | 4 439.00 | 2 396.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | AA | AAA | AAA |
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