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 -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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 total | 3 179.74 | 2 882.54 | 2 619.08 | 2 343.88 | 2 032.17 |
Balance sheet total (assets) | 10 088.43 | 10 163.40 | 10 167.97 | 9 907.12 | 9 947.42 |
Net debt | 6 649.61 | 6 990.48 | 7 329.53 | 7 393.52 | 7 786.69 |
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) | 332.22 | 92.40 | 188.32 | 218.75 | 240.08 |
Solvency | |||||
Equity ratio | 31.5 % | 28.4 % | 25.8 % | 23.7 % | 20.4 % |
Gearing | 212.1 % | 246.8 % | 287.5 % | 322.2 % | 388.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 0.9 | 0.8 | 0.8 | 0.8 |
Current ratio | 2.8 | 0.9 | 0.8 | 0.8 | 0.8 |
Cash and cash equivalents | 93.58 | 124.88 | 200.61 | 157.31 | 109.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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