GLAD FONDEN — Credit Rating and Financial Key Figures

GLAD FONDEN (CVR number: 27610013) is a company from KØBENHAVN. The company recorded a gross profit of 42.8 mDKK in 2023. The operating profit was 1569.1 kDKK, while net earnings were 1560.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33 %, 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 FONDEN'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.