ME GLAS ApS — Credit Rating and Financial Key Figures

ME GLAS ApS (CVR number: 31593921) is a company from AARHUS. The company recorded a gross profit of 1064.3 kDKK in 2023. The operating profit was 40.7 kDKK, while net earnings were 31.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78.1 %, 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. ME GLAS ApS's liquidity measured by quick ratio was 3.5 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.