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GLOBAL TIMBER A/S — Credit Rating and Financial Key Figures

CVR number: 29429774
Michael Drewsens Vej 1 A, 8270 Højbjerg
mail@globaltimber.dk
tel: 48270010

Company information

Official name
GLOBAL TIMBER A/S
Personnel
29 persons
Established
2006
Company form
Limited company
Industry

About GLOBAL TIMBER A/S

GLOBAL TIMBER A/S (CVR number: 29429774) is a company from AARHUS. The company recorded a gross profit of 30.1 mDKK in 2024. The operating profit was 9110 kDKK, while net earnings were 5892.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GLOBAL TIMBER A/S's liquidity measured by quick ratio was 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit40 882.0064 592.0036 702.0027 670.0930 092.79
EBIT22 925.0040 372.0015 805.006 617.859 109.98
Net earnings16 627.0031 118.0010 315.004 349.385 892.55
Shareholders equity total54 273.0077 626.0067 745.0063 101.2965 965.80
Balance sheet total (assets)132 022.00174 034.00158 080.00154 455.76168 645.03
Net debt56 120.9372 081.93
Profitability
EBIT-%
ROA19.1 %26.4 %9.5 %5.5 %7.0 %
ROE35.2 %47.2 %14.2 %6.6 %9.1 %
ROI21.6 %26.4 %9.5 %6.2 %8.6 %
Economic value added (EVA)18 939.5337 644.7811 904.291 728.191 014.22
Solvency
Equity ratio100.0 %100.0 %100.0 %41.8 %39.6 %
Gearing89.2 %112.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.0
Current ratio1.71.6
Cash and cash equivalents140.382 182.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.99%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.6%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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