Glycom Manufacturing A/S — Credit Rating and Financial Key Figures

CVR number: 37207713
Limfjordsvej 4, 6715 Esbjerg N

Credit rating

Company information

Official name
Glycom Manufacturing A/S
Personnel
78 persons
Established
2015
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit230 351.00168 693.00208 378.00115 394.00170 409.00
EBIT107 044.0041 157.0066 049.00-28 958.0020 155.00
Net earnings72 741.0031 248.0049 033.00-27 129.0013 673.00
Shareholders equity total440 169.00471 417.00520 450.00493 321.00506 994.00
Balance sheet total (assets)890 810.00881 097.00756 683.00764 559.00811 359.00
Net debt168 612.00205 235.00218 910.00
Profitability
EBIT-%
ROA13.5 %4.6 %8.2 %-3.8 %2.9 %
ROE18.0 %6.9 %9.9 %-5.4 %2.7 %
ROI13.5 %4.6 %8.4 %-4.0 %3.0 %
Economic value added (EVA)88 580.7419 038.5127 806.43-48 829.26-4 474.44
Solvency
Equity ratio100.0 %100.0 %68.8 %64.5 %62.5 %
Gearing32.9 %43.0 %46.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.6
Current ratio0.90.91.1
Cash and cash equivalents2 368.007 018.0015 658.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAAAAA

Variable visualization

ROA:2.88%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.5%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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