GLASMESTER ApS — Credit Rating and Financial Key Figures

CVR number: 30836022
Kildebrønde Landevej 17-19, 2670 Greve
info@glasmester.dk

Credit rating

Company information

Official name
GLASMESTER ApS
Personnel
2 persons
Established
2007
Company form
Private limited company
Industry
  • Expand more icon953190

About GLASMESTER ApS

GLASMESTER ApS (CVR number: 30836022) is a company from GREVE. The company recorded a gross profit of 1609.2 kDKK in 2024. The operating profit was 441.1 kDKK, while net earnings were 367.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLASMESTER ApS's liquidity measured by quick ratio was 7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 161.711 482.231 591.461 906.851 609.18
EBIT470.31506.02435.97666.44441.15
Net earnings401.51441.44278.54545.67367.32
Shareholders equity total1 381.071 766.011 987.362 474.132 780.45
Balance sheet total (assets)1 784.782 210.942 305.762 979.833 154.70
Net debt-1 072.83-1 770.89-1 933.03-2 313.45-2 410.52
Profitability
EBIT-%
ROA34.5 %29.1 %20.2 %27.0 %15.5 %
ROE33.2 %28.1 %14.8 %24.5 %14.0 %
ROI42.9 %36.7 %24.2 %31.8 %18.0 %
Economic value added (EVA)354.81377.27337.96514.94335.72
Solvency
Equity ratio77.4 %79.9 %86.2 %83.0 %88.1 %
Gearing0.3 %0.4 %0.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.54.36.54.97.0
Current ratio3.54.36.54.97.0
Cash and cash equivalents1 077.441 777.341 939.792 320.952 410.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.5%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.1%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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