KARIN GLAD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30824938
Høgemosevænget 13, 8380 Trige

Credit rating

Company information

Official name
KARIN GLAD HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About KARIN GLAD HOLDING ApS

KARIN GLAD HOLDING ApS (CVR number: 30824938) is a company from AARHUS. The company recorded a gross profit of -2.6 kDKK in 2023. The operating profit was -2.6 kDKK, while net earnings were 90.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good and Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KARIN GLAD HOLDING ApS's liquidity measured by quick ratio was 19.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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-1.25-1.37-3.75-2.58-2.60
EBIT-1.25-1.37-3.75-2.58-2.60
Net earnings84.0062.0984.0784.6090.07
Shareholders equity total481.89493.98578.05602.65632.72
Balance sheet total (assets)488.89495.23583.05610.15642.72
Net debt-82.81-85.43-84.83-96.62- 113.34
Profitability
EBIT-%
ROA17.8 %12.7 %15.7 %14.3 %14.4 %
ROE18.1 %12.7 %15.7 %14.3 %14.6 %
ROI18.1 %12.8 %15.8 %14.4 %14.5 %
Economic value added (EVA)-23.76-25.58-28.57-31.63-33.01
Solvency
Equity ratio98.6 %99.7 %99.1 %98.8 %98.4 %
Gearing0.4 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio20.468.332.023.219.1
Current ratio20.468.332.023.219.1
Cash and cash equivalents82.8185.4384.8399.12115.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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