ÅRHUS GLARMESTERI A/S — Credit Rating and Financial Key Figures

CVR number: 14878343
Holmstrupgårdvej 248 B, Holmstrup 8210 Aarhus V
tel: 86138777

Credit rating

Company information

Official name
ÅRHUS GLARMESTERI A/S
Personnel
6 persons
Established
1990
Domicile
Holmstrup
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About ÅRHUS GLARMESTERI A/S

ÅRHUS GLARMESTERI A/S (CVR number: 14878343) is a company from AARHUS. The company recorded a gross profit of 2561.1 kDKK in 2019. The operating profit was -63.3 kDKK, while net earnings were -153.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ÅRHUS GLARMESTERI A/S's liquidity measured by quick ratio was 0.4 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
2016
2017
2018
2019
Volume
Net sales
Gross profit2 698.732 932.092 605.352 561.06
EBIT- 364.22118.30- 514.20-63.32
Net earnings- 327.0316.22- 501.43- 153.78
Shareholders equity total297.55313.77- 187.66- 341.45
Balance sheet total (assets)2 656.502 290.802 683.682 523.88
Net debt651.85640.201 116.681 247.91
Profitability
EBIT-%
ROA-13.1 %5.1 %-19.9 %-2.0 %
ROE-109.9 %5.3 %-33.5 %-5.9 %
ROI-21.5 %8.5 %-36.3 %-3.9 %
Economic value added (EVA)- 280.4667.06- 419.78-44.19
Solvency
Equity ratio11.2 %13.7 %-6.5 %-11.9 %
Gearing228.2 %215.7 %-597.4 %-367.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.50.4
Current ratio1.11.00.60.6
Cash and cash equivalents27.2636.574.417.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-1.97%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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