PRO-GLUE A/S — Credit Rating and Financial Key Figures

PRO-GLUE A/S (CVR number: 11714218) is a company from SOLRØD. The company recorded a gross profit of 11.2 mDKK in 2022. The operating profit was 4184 kDKK, while net earnings were 3211.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.6 %, which can be considered excellent and Return on Equity (ROE) was 38.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PRO-GLUE A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.