Glad Mad Hvidovre ApS — Credit Rating and Financial Key Figures

Glad Mad Hvidovre ApS (CVR number: 37783668) is a company from HVIDOVRE. The company recorded a gross profit of 289.2 kDKK in 2022. The operating profit was 289.2 kDKK, while net earnings were 221.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 132.8 %, which can be considered excellent and Return on Equity (ROE) was 316.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -68.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Glad Mad Hvidovre ApS's liquidity measured by quick ratio was 0.3 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.