GLAD FONDEN — Credit Rating and Financial Key Figures

CVR number: 27610013
Rentemestervej 45, 2400 København NV
tel: 38120101
Free credit report Annual report

Company information

Official name
GLAD FONDEN
Personnel
267 persons
Established
2003
Industry

About GLAD FONDEN

GLAD FONDEN (CVR number: 27610013) is a company from KØBENHAVN. The company recorded a gross profit of 48.9 mDKK in 2024. The operating profit was 2561.6 kDKK, while net earnings were 2702.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 36 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit45 850.2444 935.0742 814.1345 449.0048 890.74
EBIT841.632 621.361 201.551 569.072 561.63
Net earnings830.792 670.581 153.321 560.452 702.47
Shareholders equity total2 126.234 393.265 386.396 746.848 249.31
Balance sheet total (assets)18 861.3316 663.5718 588.6720 472.5822 834.66
Net debt2 647.403 337.292 226.03-4 240.59-5 567.70
Profitability
EBIT-%
ROA5.0 %15.6 %7.7 %9.0 %13.1 %
ROE44.4 %81.9 %23.6 %25.7 %36.0 %
ROI8.4 %24.3 %11.9 %19.1 %33.3 %
Economic value added (EVA)335.202 272.72809.781 178.482 197.65
Solvency
Equity ratio12.2 %26.4 %29.0 %33.0 %36.1 %
Gearing226.3 %77.5 %44.3 %7.4 %18.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.60.70.50.6
Current ratio0.80.60.70.50.6
Cash and cash equivalents2 164.5265.83160.574 737.137 109.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:13.1%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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