Glycom Manufacturing A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Glycom Manufacturing A/S
Glycom Manufacturing A/S (CVR number: 37207713) is a company from ESBJERG. The company recorded a gross profit of 170.4 mDKK in 2023. The operating profit was 20.2 mDKK, while net earnings were 13.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.5 %, 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. Glycom Manufacturing A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 230 351.00 | 168 693.00 | 208 378.00 | 115 394.00 | 170 409.00 |
EBIT | 107 044.00 | 41 157.00 | 66 049.00 | -28 958.00 | 20 155.00 |
Net earnings | 72 741.00 | 31 248.00 | 49 033.00 | -27 129.00 | 13 673.00 |
Shareholders equity total | 440 169.00 | 471 417.00 | 520 450.00 | 493 321.00 | 506 994.00 |
Balance sheet total (assets) | 890 810.00 | 881 097.00 | 756 683.00 | 764 559.00 | 811 359.00 |
Net debt | 168 612.00 | 205 235.00 | 218 910.00 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 13.5 % | 4.6 % | 8.2 % | -3.8 % | 2.9 % |
ROE | 18.0 % | 6.9 % | 9.9 % | -5.4 % | 2.7 % |
ROI | 13.5 % | 4.6 % | 8.4 % | -4.0 % | 3.0 % |
Economic value added (EVA) | 88 580.74 | 19 038.51 | 27 806.43 | -48 829.26 | -4 474.44 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 68.8 % | 64.5 % | 62.5 % |
Gearing | 32.9 % | 43.0 % | 46.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.6 | ||
Current ratio | 0.9 | 0.9 | 1.1 | ||
Cash and cash equivalents | 2 368.00 | 7 018.00 | 15 658.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | AAA | AA | AAA |
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