JØRN GLAD A/S — Credit Rating and Financial Key Figures

JØRN GLAD A/S (CVR number: 82876219) is a company from AARHUS. The company recorded a gross profit of 15.8 mDKK in 2023. The operating profit was 2175.7 kDKK, while net earnings were 1770.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. JØRN GLAD A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.