GLAD & CO. ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLAD & CO. ApS
GLAD & CO. ApS (CVR number: 34470197) is a company from ODENSE. The company recorded a gross profit of 585.7 kDKK in 2024. The operating profit was -50.6 kDKK, while net earnings were -31.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.9 %, which can be considered poor and Return on Equity (ROE) was -18.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GLAD & CO. ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 648.45 | 633.20 | 870.11 | 645.43 | 585.66 |
EBIT | 42.18 | 31.14 | 185.22 | -7.05 | -50.57 |
Net earnings | 27.82 | 26.06 | 133.44 | -12.29 | -31.57 |
Shareholders equity total | 214.06 | 183.62 | 317.06 | 186.97 | 155.40 |
Balance sheet total (assets) | 431.78 | 308.80 | 473.99 | 391.91 | 317.34 |
Net debt | - 431.78 | - 308.80 | -90.59 | - 281.95 | - 245.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.5 % | 9.1 % | 48.1 % | 1.2 % | -11.9 % |
ROE | 12.2 % | 13.1 % | 53.3 % | -4.9 % | -18.4 % |
ROI | 18.5 % | 16.9 % | 74.8 % | 1.8 % | -19.5 % |
Economic value added (EVA) | 19.89 | 13.40 | 135.23 | -22.82 | -51.09 |
Solvency | |||||
Equity ratio | 49.6 % | 59.5 % | 66.9 % | 47.7 % | 49.0 % |
Gearing | 0.9 % | 46.5 % | 1.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 2.5 | 3.0 | 1.9 | 2.0 |
Current ratio | 2.0 | 2.5 | 3.0 | 1.9 | 2.0 |
Cash and cash equivalents | 431.78 | 308.80 | 93.35 | 368.96 | 248.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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