Vestglas ApS — Credit Rating and Financial Key Figures

Vestglas ApS (CVR number: 36906863) is a company from HEDENSTED. The company recorded a gross profit of 459.8 kDKK in 2023. The operating profit was -25.7 kDKK, while net earnings were -44.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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. Vestglas ApS's liquidity measured by quick ratio was 0.9 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.