GLASCO, ÅRHUS ApS

CVR number: 10179084
Rungstedvej 13, 8000 Aarhus C

Credit rating

Company information

Official name
GLASCO, ÅRHUS ApS
Established
1986
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About GLASCO, ÅRHUS ApS

GLASCO, ÅRHUS ApS (CVR number: 10179084) is a company from AARHUS. The company recorded a gross profit of -19 kDKK in 2023. The operating profit was -19 kDKK, while net earnings were 164.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLASCO, ÅRHUS ApS's liquidity measured by quick ratio was 68.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit99.07-11.97-9.02-19.75-18.97
EBIT99.07-11.97-9.02-19.75-18.97
Net earnings202.89-47.11272.54- 299.55164.36
Shareholders equity total2 512.282 465.172 737.712 438.162 602.52
Balance sheet total (assets)2 578.742 506.992 828.822 476.662 641.02
Net debt-2 568.43-2 497.57-2 819.42-2 368.73-2 580.43
Profitability
EBIT-%
ROA10.4 %0.5 %12.6 %1.1 %8.3 %
ROE8.4 %-1.9 %10.5 %-11.6 %6.5 %
ROI10.8 %0.5 %12.9 %1.1 %8.4 %
Economic value added (EVA)-23.39-9.15-5.68-11.28-18.24
Solvency
Equity ratio97.4 %98.3 %96.8 %98.4 %98.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio38.859.931.064.368.6
Current ratio38.859.931.064.368.6
Cash and cash equivalents2 568.432 497.572 819.422 368.732 580.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:8.26%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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