GLAD BIZZ ApS — Credit Rating and Financial Key Figures

CVR number: 35638490
Rentemestervej 45, 2400 København NV

Credit rating

Company information

Official name
GLAD BIZZ ApS
Established
2014
Company form
Private limited company
Industry

About GLAD BIZZ ApS

GLAD BIZZ ApS (CVR number: 35638490) is a company from KØBENHAVN. The company recorded a gross profit of -60.1 kDKK in 2023. The operating profit was -60.1 kDKK, while net earnings were -311.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -14.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.4 %, 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. GLAD BIZZ ApS's liquidity measured by quick ratio was 0.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-33.87-54.40-13.52-36.46-60.10
EBIT-33.87-54.40-13.52-36.46-60.10
Net earnings- 413.78- 297.20- 263.46- 275.20- 311.70
Shareholders equity total3 179.742 882.542 619.082 343.882 032.17
Balance sheet total (assets)10 088.4310 163.4010 167.979 907.129 947.42
Net debt6 649.616 990.487 329.537 393.527 786.69
Profitability
EBIT-%
ROA-0.3 %-0.5 %-0.1 %-0.4 %-0.6 %
ROE-6.4 %-9.8 %-9.6 %-11.1 %-14.2 %
ROI-0.3 %-0.5 %-0.1 %-0.4 %-0.6 %
Economic value added (EVA)332.2292.40188.32218.75240.08
Solvency
Equity ratio31.5 %28.4 %25.8 %23.7 %20.4 %
Gearing212.1 %246.8 %287.5 %322.2 %388.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.80.90.80.80.8
Current ratio2.80.90.80.80.8
Cash and cash equivalents93.58124.88200.61157.31109.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-0.61%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.4%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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