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ME GLAS ApS — Credit Rating and Financial Key Figures

CVR number: 31593921
Bautavej 1 A, Hasle 8210 Aarhus V
casper@meglas.dk
tel: 29292957
www.meglas.dk
Free credit report Annual report

Credit rating

Company information

Official name
ME GLAS ApS
Personnel
2 persons
Established
2008
Domicile
Hasle
Company form
Private limited company
Industry

About ME GLAS ApS

ME GLAS ApS (CVR number: 31593921) is a company from AARHUS. The company recorded a gross profit of 2634 kDKK in 2025. The operating profit was 1179.6 kDKK, while net earnings were 896.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.1 %, which can be considered excellent and Return on Equity (ROE) was 54.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.1 %, 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 2.6 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 478.852 001.081 064.301 462.312 634.03
EBIT754.211 051.8840.68189.351 179.60
Net earnings574.60808.7731.30139.70896.24
Shareholders equity total1 339.742 033.911 765.211 204.902 101.14
Balance sheet total (assets)2 151.033 337.302 259.361 847.943 178.64
Net debt- 339.50- 963.06- 331.84-81.96-1 079.19
Profitability
EBIT-%
ROA37.1 %39.0 %2.4 %10.0 %48.1 %
ROE51.8 %47.9 %1.6 %9.4 %54.2 %
ROI63.7 %63.4 %3.5 %13.8 %73.1 %
Economic value added (EVA)534.79748.68-76.0450.33851.43
Solvency
Equity ratio62.3 %60.9 %78.1 %65.2 %66.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.92.23.52.22.6
Current ratio2.52.54.42.72.9
Cash and cash equivalents339.50963.06331.8481.961 079.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:48.1%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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