Glarmester Sølv ApS — Credit Rating and Financial Key Figures

CVR number: 39267624
Rolighedsvej 6 A, 8654 Bryrup
Sofiepsoerensen@gmail.com
tel: 25395139

Company information

Official name
Glarmester Sølv ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Glarmester Sølv ApS

Glarmester Sølv ApS (CVR number: 39267624) is a company from SILKEBORG. The company recorded a gross profit of 278.3 kDKK in 2024. The operating profit was 185.9 kDKK, while net earnings were 132.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.1 %, which can be considered excellent and Return on Equity (ROE) was 85.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 0.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Glarmester Sølv ApS's liquidity measured by quick ratio was 0.5 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 profit43.9720.32-42.4121.74278.32
EBIT26.15-18.64- 134.33-16.96185.91
Net earnings20.70-18.01- 113.96-20.37132.32
Shareholders equity total25.137.12- 106.84- 127.215.11
Balance sheet total (assets)171.57222.33240.65302.95547.02
Net debt-39.66-1.15-9.94-89.95-84.16
Profitability
EBIT-%
ROA22.6 %-9.5 %-47.1 %-4.4 %38.1 %
ROE140.1 %-111.7 %-92.0 %-7.5 %85.9 %
ROI176.9 %-115.6 %-3773.2 %7284.9 %
Economic value added (EVA)21.07-17.40- 107.21-6.90150.40
Solvency
Equity ratio14.6 %3.2 %-30.7 %-29.6 %0.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.30.00.20.30.5
Current ratio0.30.10.20.30.8
Cash and cash equivalents39.661.159.9489.9584.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:38.1%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.93%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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