GLAD GRAMMOFON ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLAD GRAMMOFON ApS
GLAD GRAMMOFON ApS (CVR number: 27136052) is a company from GENTOFTE. The company recorded a gross profit of 68.5 kDKK in 2024. The operating profit was -493 kDKK, while net earnings were -500.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -23.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.8 %, 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 GRAMMOFON ApS's liquidity measured by quick ratio was 1.7 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 | 521.56 | 318.70 | -28.51 | - 253.12 | 68.46 |
EBIT | 40.96 | -35.47 | - 233.89 | -1 081.78 | - 493.02 |
Net earnings | -30.99 | - 118.11 | - 260.55 | -1 072.61 | - 500.59 |
Shareholders equity total | 3 860.36 | 3 742.25 | 3 481.70 | 2 409.09 | 1 908.50 |
Balance sheet total (assets) | 7 284.69 | 6 912.69 | 5 896.98 | 4 952.93 | 4 673.61 |
Net debt | -3 941.12 | -4 073.83 | -3 642.82 | -2 483.56 | -2 118.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.5 % | -0.5 % | -3.7 % | -19.9 % | -10.0 % |
ROE | -0.8 % | -3.1 % | -7.2 % | -36.4 % | -23.2 % |
ROI | 0.6 % | -0.5 % | -3.9 % | -21.1 % | -10.7 % |
Economic value added (EVA) | 211.10 | 122.28 | -28.06 | - 876.69 | - 302.05 |
Solvency | |||||
Equity ratio | 54.8 % | 55.3 % | 59.0 % | 48.6 % | 40.8 % |
Gearing | 75.4 % | 73.7 % | 61.0 % | 93.9 % | 127.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 2.3 | 2.4 | 1.9 | 1.7 |
Current ratio | 2.1 | 2.2 | 2.4 | 1.9 | 1.7 |
Cash and cash equivalents | 6 850.97 | 6 831.19 | 5 768.17 | 4 745.42 | 4 547.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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