GLASS-TECH ApS — Credit Rating and Financial Key Figures

CVR number: 33151268
Vesterballevej 1, Snoghøj 7000 Fredericia

Credit rating

Company information

Official name
GLASS-TECH ApS
Personnel
11 persons
Established
2010
Domicile
Snoghøj
Company form
Private limited company
Industry
  • Expand more icon953190

About GLASS-TECH ApS

GLASS-TECH ApS (CVR number: 33151268) is a company from FREDERICIA. The company recorded a gross profit of 6382.6 kDKK in 2024. The operating profit was 736.2 kDKK, while net earnings were 516.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GLASS-TECH ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 702.374 581.685 455.535 977.526 382.62
EBIT1 187.471 327.22894.831 382.55736.21
Net earnings914.40939.42630.85967.50516.51
Shareholders equity total2 461.673 401.093 131.944 099.444 615.95
Balance sheet total (assets)4 341.487 577.938 129.358 010.347 983.32
Net debt-1 052.93503.02959.6943.3436.02
Profitability
EBIT-%
ROA33.7 %22.3 %11.4 %17.2 %9.2 %
ROE45.6 %32.0 %19.3 %26.8 %11.9 %
ROI51.6 %33.5 %16.2 %22.8 %11.7 %
Economic value added (EVA)872.32966.33548.59959.36413.61
Solvency
Equity ratio56.7 %44.9 %38.5 %51.2 %57.8 %
Gearing3.5 %32.2 %59.6 %23.4 %17.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.50.50.50.81.0
Current ratio2.50.50.50.81.1
Cash and cash equivalents1 139.77591.62906.62916.32749.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:9.23%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.8%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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