GLADSTONE PROPERTIES ApS — Credit Rating and Financial Key Figures

CVR number: 28695640
Grønningen 5, 1270 København K

Company information

Official name
GLADSTONE PROPERTIES ApS
Established
2005
Company form
Private limited company
Industry

About GLADSTONE PROPERTIES ApS

GLADSTONE PROPERTIES ApS (CVR number: 28695640) is a company from KØBENHAVN. The company recorded a gross profit of -11.1 kDKK in 2024. The operating profit was -11.1 kDKK, while net earnings were 17 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor but Return on Equity (ROE) was 30.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -94.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GLADSTONE PROPERTIES ApS's liquidity measured by quick ratio was 0.1 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.

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 profit-7.73-12.69-12.36-12.35-11.09
EBIT-7.73-12.69-12.36-12.35-11.09
Net earnings-15.96-18.7011.09-8.1716.99
Shareholders equity total-1 029.66-1 048.36-1 037.27-1 045.44-1 028.45
Balance sheet total (assets)695.27676.57659.5751.4060.80
Net debt1 019.571 038.261 027.171 035.341 076.51
Profitability
EBIT-%
ROA-0.2 %-0.7 %-0.7 %-0.6 %-1.0 %
ROE-0.6 %-2.7 %1.7 %-2.3 %30.3 %
ROI-0.2 %-0.7 %-0.7 %-0.6 %-1.0 %
Economic value added (EVA)- 254.15-47.12-42.27-44.99-9.95
Solvency
Equity ratio-59.7 %-60.8 %-61.1 %-95.3 %-94.4 %
Gearing-166.5 %-163.6 %-162.6 %-104.0 %-104.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.40.00.1
Current ratio0.40.40.40.00.1
Cash and cash equivalents695.27676.57659.5751.402.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-0.97%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-94.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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