Glaes Holding ApS — Credit Rating and Financial Key Figures

CVR number: 36935650
Jægergårdsgade 118, 8000 Aarhus C
samuel@glaes.dk
tel: 53205050

Credit rating

Company information

Official name
Glaes Holding ApS
Established
2015
Company form
Private limited company
Industry

About Glaes Holding ApS

Glaes Holding ApS (CVR number: 36935650) is a company from AARHUS. The company recorded a gross profit of -21 kDKK in 2024. The operating profit was -21 kDKK, while net earnings were 35.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 158.4 %, which can be considered excellent and Return on Equity (ROE) was 155 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Glaes Holding ApS's liquidity measured by quick ratio was 187 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.

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 profit-3.33-3.29-2.98-3.88-20.99
EBIT-3.33-3.29-2.98-3.88-20.99
Net earnings613.051 548.45846.141 818.0235 299.43
Shareholders equity total1 416.902 908.863 654.995 173.0140 372.44
Balance sheet total (assets)1 418.152 943.993 656.245 216.4940 543.65
Net debt- 453.44- 999.27-1 701.50-3 334.28-22 393.19
Profitability
EBIT-%
ROA45.8 %72.8 %36.5 %42.9 %158.4 %
ROE43.5 %71.6 %25.8 %41.2 %155.0 %
ROI45.9 %73.4 %36.7 %43.1 %159.1 %
Economic value added (EVA)-50.27-51.00-98.91- 101.50- 108.74
Solvency
Equity ratio99.9 %98.8 %100.0 %99.2 %99.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio368.428.41 391.776.7187.0
Current ratio368.428.41 391.776.7187.0
Cash and cash equivalents453.44999.271 701.503 334.2822 393.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:158.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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