Glasfiber Farsø ApS — Credit Rating and Financial Key Figures

Glasfiber Farsø ApS (CVR number: 29777896) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 455.5 kDKK in 2022. The operating profit was 443 kDKK, while net earnings were 353.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.7 %, which can be considered excellent and Return on Equity (ROE) was 61.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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. Glasfiber Farsø ApS's liquidity measured by quick ratio was 2.2 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.