Glad-mad Aps — Credit Rating and Financial Key Figures

Glad-mad Aps (CVR number: 39577399) is a company from HERNING. The company recorded a gross profit of 3348.6 kDKK in 2023. The operating profit was -629.6 kDKK, while net earnings were -531.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34 %, which can be considered poor and Return on Equity (ROE) was -48.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Glad-mad Aps's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.