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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 17.9 kDKK in 2025. The operating profit was -753.6 kDKK, while net earnings were -681.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -43.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GLAD GRAMMOFON ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 318.70 | -28.51 | - 253.12 | 68.46 | 17.89 |
| EBIT | -35.47 | - 233.89 | -1 081.78 | - 493.02 | - 753.62 |
| Net earnings | - 118.11 | - 260.55 | -1 072.61 | - 500.59 | - 681.26 |
| Shareholders equity total | 3 742.25 | 3 481.70 | 2 409.09 | 1 908.50 | 1 227.24 |
| Balance sheet total (assets) | 6 912.69 | 5 896.98 | 4 952.93 | 4 673.61 | 4 635.70 |
| Net debt | -4 073.83 | -3 642.82 | -2 483.56 | -2 115.10 | -1 430.15 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.5 % | -3.7 % | -19.9 % | -10.0 % | -15.8 % |
| ROE | -3.1 % | -7.2 % | -36.4 % | -23.2 % | -43.5 % |
| ROI | -0.5 % | -3.9 % | -21.1 % | -10.7 % | -17.1 % |
| Economic value added (EVA) | - 368.20 | - 509.88 | -1 273.34 | - 654.17 | - 809.50 |
| Solvency | |||||
| Equity ratio | 55.3 % | 59.0 % | 48.6 % | 40.8 % | 26.5 % |
| Gearing | 73.7 % | 61.0 % | 93.9 % | 127.5 % | 246.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.3 | 2.4 | 1.9 | 1.7 | 1.4 |
| Current ratio | 2.2 | 2.4 | 1.9 | 1.7 | 1.4 |
| Cash and cash equivalents | 6 831.19 | 5 768.17 | 4 745.42 | 4 547.63 | 4 448.78 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | BBB |
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