Partnerselskabet Glentevej Herning — Credit Rating and Financial Key Figures

CVR number: 37243124
Østbanegade 55, 2100 København Ø
CI@ntadvokater.dk

Company information

Official name
Partnerselskabet Glentevej Herning
Established
2015
Industry

About Partnerselskabet Glentevej Herning

Partnerselskabet Glentevej Herning (CVR number: 37243124) is a company from KØBENHAVN. The company recorded a gross profit of 1425.6 kDKK in 2020. The operating profit was -1224.4 kDKK, while net earnings were -1480.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -147.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.3 %, 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. Partnerselskabet Glentevej Herning's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit1 237.071 654.251 695.431 420.831 425.62
EBIT1 237.071 069.971 000.04-3 553.18-1 224.38
Net earnings717.12782.28772.69-3 730.80-1 480.60
Shareholders equity total4 407.125 105.405 689.091 746.79266.19
Balance sheet total (assets)16 055.0015 734.3014 866.589 782.038 430.70
Net debt11 148.819 820.348 386.597 349.505 452.92
Profitability
EBIT-%
ROA7.7 %6.7 %6.5 %-28.8 %-13.4 %
ROE16.3 %16.4 %14.3 %-100.3 %-147.1 %
ROI7.8 %6.8 %6.7 %-29.8 %-14.7 %
Economic value added (EVA)1 237.07486.22468.53-4 203.59-1 645.50
Solvency
Equity ratio27.5 %32.4 %38.3 %17.9 %3.3 %
Gearing259.6 %203.4 %154.3 %436.9 %2642.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.30.31.1
Current ratio0.30.40.30.31.0
Cash and cash equivalents292.88564.90392.57282.031 580.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-13.4%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.35%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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