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

CVR number: 62639113
Vallensbækvej 65, 2625 Vallensbæk
tel: 43622000

Credit rating

Company information

Official name
L.C. GLAD & CO. A/S
Personnel
3 persons
Established
1980
Company form
Limited company
Industry
  • Expand more icon468100

About L.C. GLAD & CO. A/S

L.C. GLAD & CO. A/S (CVR number: 62639113) is a company from VALLENSBÆK. The company recorded a gross profit of 5286.5 kDKK in 2024. The operating profit was 3012.4 kDKK, while net earnings were 2355.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.2 %, which can be considered excellent and Return on Equity (ROE) was 52.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 412.166 246.494 865.505 159.355 286.47
EBIT1 084.722 508.801 528.242 743.533 012.41
Net earnings841.921 970.251 188.702 108.482 355.11
Shareholders equity total1 712.353 032.602 821.304 179.784 834.89
Balance sheet total (assets)6 146.805 365.905 644.397 229.137 586.79
Net debt-1 377.75- 981.81-2 050.86-3 373.53-3 837.98
Profitability
EBIT-%
ROA21.9 %44.2 %28.5 %42.6 %41.2 %
ROE58.4 %83.0 %40.6 %60.2 %52.3 %
ROI58.6 %104.0 %51.2 %75.9 %66.8 %
Economic value added (EVA)796.331 938.901 098.482 107.252 312.40
Solvency
Equity ratio27.9 %58.7 %59.8 %60.9 %64.7 %
Gearing4.7 %4.9 %2.1 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.02.22.22.2
Current ratio1.42.32.02.32.5
Cash and cash equivalents1 377.751 123.482 189.063 461.563 873.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:41.2%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.7%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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