GLADMAND ApS — Credit Rating and Financial Key Figures

CVR number: 29395519
Svenstrupvej 12, 2970 Hørsholm

Credit rating

Company information

Official name
GLADMAND ApS
Established
2006
Company form
Private limited company
Industry

About GLADMAND ApS

GLADMAND ApS (CVR number: 29395519) is a company from HØRSHOLM. The company recorded a gross profit of -2 kDKK in 2023. The operating profit was -2 kDKK, while net earnings were 698 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.8 %, which can be considered excellent and Return on Equity (ROE) was 47.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLADMAND ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.91-0.42-0.96-2.04-1.98
EBIT-6.91-0.42-0.96-2.04-1.98
Net earnings240.57248.47-6.64145.52698.02
Shareholders equity total1 009.101 257.571 137.931 169.051 749.27
Balance sheet total (assets)1 033.831 275.821 170.121 169.051 749.27
Net debt- 493.83- 685.82- 430.12- 429.05-1 159.27
Profitability
EBIT-%
ROA23.3 %21.6 %-0.1 %12.7 %47.8 %
ROE26.3 %21.9 %-0.6 %12.6 %47.8 %
ROI26.6 %22.0 %-0.1 %12.8 %47.8 %
Economic value added (EVA)-48.04-51.13-64.15-59.22-60.72
Solvency
Equity ratio97.6 %98.6 %97.2 %100.0 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio20.037.618.0
Current ratio20.037.618.0
Cash and cash equivalents493.83685.82430.12429.051 159.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:47.8%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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