J. GLAD-LARSEN INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. GLAD-LARSEN INVEST ApS
J. GLAD-LARSEN INVEST ApS (CVR number: 75101511) is a company from GENTOFTE. The company recorded a gross profit of -23.9 kDKK in 2023. The operating profit was -23.9 kDKK, while net earnings were 507.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 63.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.5 %, 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. J. GLAD-LARSEN INVEST ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -20.14 | -34.77 | -35.15 | -20.75 | -23.89 |
EBIT | -20.14 | -34.77 | -35.15 | -20.75 | -23.89 |
Net earnings | - 174.21 | 762.60 | - 192.36 | 249.12 | 507.12 |
Shareholders equity total | - 277.25 | 485.34 | 292.98 | 542.10 | 1 049.22 |
Balance sheet total (assets) | 6 014.85 | 6 597.10 | 6 501.74 | 6 071.86 | 3 958.98 |
Net debt | 909.90 | 106.68 | 352.59 | 83.91 | - 433.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.6 % | 15.0 % | 18.7 % | 9.0 % | 11.7 % |
ROE | -2.8 % | 23.5 % | -49.4 % | 59.7 % | 63.7 % |
ROI | 10.6 % | 15.0 % | 18.7 % | 9.0 % | 11.7 % |
Economic value added (EVA) | 277.07 | 251.50 | 249.95 | 260.34 | 222.53 |
Solvency | |||||
Equity ratio | -4.4 % | 7.4 % | 4.5 % | 8.9 % | 26.5 % |
Gearing | -2269.4 % | 1259.3 % | 2111.2 % | 1020.1 % | 277.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.0 | 1.1 | 1.4 |
Current ratio | 1.0 | 1.1 | 1.0 | 1.1 | 1.4 |
Cash and cash equivalents | 5 382.20 | 6 005.08 | 5 832.69 | 5 445.86 | 3 342.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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