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

CVR number: 82876219
Høgemosevænget 13, 8380 Trige
tel: 86230466

Company information

Official name
JØRN GLAD A/S
Personnel
28 persons
Established
1977
Company form
Limited company
Industry

About JØRN GLAD A/S

JØRN GLAD A/S (CVR number: 82876219) is a company from AARHUS. The company recorded a gross profit of 14.3 mDKK in 2024. The operating profit was 858.1 kDKK, while net earnings were 339.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. JØRN GLAD A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit12 446.0212 178.4515 574.1415 841.4414 287.91
EBIT3 104.766 124.852 555.022 175.66858.13
Net earnings2 494.454 951.071 726.201 770.85339.17
Shareholders equity total13 513.0315 969.6513 695.8413 466.6912 055.86
Balance sheet total (assets)39 416.0244 101.6837 927.6441 572.1830 381.27
Net debt3 015.42-1 571.68-3 348.768 688.706 618.11
Profitability
EBIT-%
ROA9.5 %15.3 %5.9 %6.3 %2.3 %
ROE19.2 %33.6 %11.6 %13.0 %2.7 %
ROI17.3 %34.1 %13.3 %11.8 %3.8 %
Economic value added (EVA)1 523.503 844.481 141.22684.94- 467.48
Solvency
Equity ratio34.3 %36.9 %38.9 %32.4 %42.1 %
Gearing41.2 %4.4 %44.3 %64.8 %81.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.80.70.6
Current ratio1.31.31.01.11.1
Cash and cash equivalents2 558.172 278.839 416.9341.143 246.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:2.32%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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