GLUE24 ApS — Credit Rating and Financial Key Figures

CVR number: 29614709
Kultorvet 15, 1175 København K
brian.orland@inbold.com
tel: 51511930

Company information

Official name
GLUE24 ApS
Established
2006
Company form
Private limited company
Industry

About GLUE24 ApS

GLUE24 ApS (CVR number: 29614709) is a company from KØBENHAVN. The company recorded a gross profit of -13.2 kDKK in 2024. The operating profit was -13.2 kDKK, while net earnings were 171.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.8 %, which can be considered excellent and Return on Equity (ROE) was 88.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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. GLUE24 ApS'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 profit-5.40-5.20-2.70-6.00-13.18
EBIT-5.40-5.20-2.70-6.00-13.18
Net earnings- 253.21-84.11263.1161.38171.90
Shareholders equity total214.41130.30393.41-72.8399.07
Balance sheet total (assets)783.19744.46882.17288.41442.44
Net debt359.60589.88477.48345.05333.22
Profitability
EBIT-%
ROA-30.3 %-11.0 %34.9 %21.9 %42.8 %
ROE-74.3 %-48.8 %100.5 %18.0 %88.7 %
ROI-35.2 %-13.0 %35.7 %22.4 %44.2 %
Economic value added (EVA)-44.08-34.05-38.91-49.78-26.87
Solvency
Equity ratio27.4 %17.5 %44.6 %-20.2 %22.4 %
Gearing167.8 %453.0 %121.5 %-474.2 %336.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.80.60.60.6
Current ratio1.00.80.60.60.6
Cash and cash equivalents0.120.420.420.330.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:42.8%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.4%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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