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GLAD BIZZ ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLAD BIZZ ApS
GLAD BIZZ ApS (CVR number: 35638490) is a company from KØBENHAVN. The company recorded a gross profit of -71.1 kDKK in 2024. The operating profit was -71.1 kDKK, while net earnings were 273.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27 %, 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 BIZZ ApS's liquidity measured by quick ratio was 1.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -54.40 | -13.52 | -36.46 | -60.10 | -71.11 |
| EBIT | -54.40 | -13.52 | -36.46 | -60.10 | -71.11 |
| Net earnings | - 297.20 | - 263.46 | - 275.20 | - 311.70 | 273.94 |
| Shareholders equity total | 2 882.54 | 2 619.08 | 2 343.88 | 2 032.17 | 2 306.11 |
| Balance sheet total (assets) | 10 163.40 | 10 167.97 | 9 907.12 | 9 947.41 | 8 553.17 |
| Net debt | 6 990.48 | 7 329.53 | 7 393.52 | 7 786.68 | 6 153.84 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.5 % | -0.1 % | -0.4 % | -0.6 % | 6.1 % |
| ROE | -9.8 % | -9.6 % | -11.1 % | -14.2 % | 12.6 % |
| ROI | -0.5 % | -0.1 % | -0.4 % | -0.6 % | 6.1 % |
| Economic value added (EVA) | - 541.06 | - 512.89 | - 538.44 | - 544.09 | - 554.35 |
| Solvency | |||||
| Equity ratio | 28.4 % | 25.8 % | 23.7 % | 20.4 % | 27.0 % |
| Gearing | 246.8 % | 287.5 % | 322.2 % | 388.5 % | 269.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 0.8 | 0.8 | 0.8 | 1.3 |
| Current ratio | 0.9 | 0.8 | 0.8 | 0.8 | 1.3 |
| Cash and cash equivalents | 124.88 | 200.61 | 157.31 | 109.25 | 62.01 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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