GLESBORG BRUGSFORENING — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLESBORG BRUGSFORENING
GLESBORG BRUGSFORENING (CVR number: 67781716) is a company from NORDDJURS. The company reported a net sales of 81.2 mDKK in 2024, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was at 0.4 % (EBIT: 0.3 mDKK), while net earnings were 486.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62 %, 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. GLESBORG BRUGSFORENING's liquidity measured by quick ratio was 0.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 75.47 | 84.19 | 83.20 | 81.42 | 81.18 |
Gross profit | 13.68 | 14.15 | 10.80 | 12.52 | 12.79 |
EBIT | 2.67 | 2.23 | -2.18 | 0.48 | 0.31 |
Net earnings | 2.10 | 1.86 | -1.54 | 0.56 | 0.49 |
Shareholders equity total | 21.36 | 23.31 | 21.85 | 22.43 | 22.92 |
Balance sheet total (assets) | 39.67 | 39.24 | 36.57 | 37.53 | 37.00 |
Net debt | 4.24 | 3.68 | 2.15 | ||
Profitability | |||||
EBIT-% | 3.5 % | 2.6 % | -2.6 % | 0.6 % | 0.4 % |
ROA | 7.3 % | 5.6 % | -4.9 % | 2.4 % | 2.1 % |
ROE | 10.4 % | 8.3 % | -6.8 % | 2.5 % | 2.1 % |
ROI | 7.3 % | 5.6 % | -5.6 % | 3.2 % | 2.9 % |
Economic value added (EVA) | 1.71 | 1.15 | -2.82 | -0.84 | -1.00 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 59.7 % | 59.8 % | 62.0 % |
Gearing | 20.9 % | 17.8 % | 10.6 % | ||
Relative net indebtedness % | 16.2 % | 16.8 % | 15.4 % | ||
Liquidity | |||||
Quick ratio | 0.2 | 0.4 | 0.6 | ||
Current ratio | 0.7 | 0.9 | 1.0 | ||
Cash and cash equivalents | 0.32 | 0.31 | 0.29 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.7 | 2.5 | 2.4 | ||
Net working capital % | -3.3 % | -1.5 % | 0.6 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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