L.C. GLAD & CO. A/S — Credit Rating and Financial Key Figures

L.C. GLAD & CO. A/S (CVR number: 62639113) is a company from VALLENSBÆK. The company recorded a gross profit of 5197.9 kDKK in 2023. The operating profit was 2743.5 kDKK, while net earnings were 2108.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.6 %, which can be considered excellent and Return on Equity (ROE) was 60.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. L.C. GLAD & CO. A/S's liquidity measured by quick ratio was 2.2 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.