GLASS-TECH ApS

GLASS-TECH ApS (CVR number: 33151268) is a company from FREDERICIA. The company recorded a gross profit of 5977.5 kDKK in 2023. The operating profit was 1382.5 kDKK, while net earnings were 967.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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 0.8 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.