Glarvig ApS — Credit Rating and Financial Key Figures

Glarvig ApS (CVR number: 31050154) is a company from KØBENHAVN. The company recorded a gross profit of 592.5 kDKK in 2023. The operating profit was -149.5 kDKK, while net earnings were -495.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -10.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Glarvig ApS's liquidity measured by quick ratio was 4.7 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.