Glad United ApS — Credit Rating and Financial Key Figures

CVR number: 39014106
Stockholmsgade 43, 2100 København Ø
mglad@mac.com
tel: 40582623
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Company information

Official name
Glad United ApS
Established
2017
Company form
Private limited company
Industry

About Glad United ApS

Glad United ApS (CVR number: 39014106) is a company from KØBENHAVN. The company reported a net sales of 6.6 mDKK in 2024, demonstrating a growth of 124.7 % compared to the previous year. The operating profit percentage was at 96.5 % (EBIT: 6.4 mDKK), while net earnings were 7045.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.3 %, which can be considered excellent and Return on Equity (ROE) was 30.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Glad United ApS's liquidity measured by quick ratio was 22.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales4 410.793 581.02-6 085.892 950.786 631.01
Gross profit4 398.293 531.86-6 252.892 787.976 400.74
EBIT4 398.293 531.86-6 252.892 787.976 400.74
Net earnings4 398.293 531.80-6 026.613 843.287 045.52
Shareholders equity total18 188.2521 720.0615 636.2519 422.1326 406.65
Balance sheet total (assets)18 289.7721 884.0818 769.6622 213.7728 637.50
Net debt89.0288.23-5 568.72-2 347.64-19 495.58
Profitability
EBIT-%99.7 %98.6 %94.5 %96.5 %
ROA27.3 %17.6 %-27.3 %20.3 %32.3 %
ROE27.5 %17.7 %-32.3 %21.9 %30.7 %
ROI27.4 %17.6 %-27.4 %20.5 %32.6 %
Economic value added (EVA)3 702.932 613.42-7 355.171 674.325 194.33
Solvency
Equity ratio99.4 %99.3 %83.3 %87.4 %92.2 %
Gearing0.5 %0.5 %19.9 %12.9 %7.9 %
Relative net indebtedness %2.3 %4.2 %91.2 %-69.9 %-291.8 %
Liquidity
Quick ratio0.50.413.97.522.8
Current ratio0.50.413.97.522.8
Cash and cash equivalents13.298 684.094 854.5121 582.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1.1 %-2.7 %-142.5 %206.9 %86.2 %
Credit risk
Credit ratingAABBBAAAA

Variable visualization

ROA:32.3%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.2%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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