GLARMESTRE SNOER OG SØNNER A/S — Credit Rating and Financial Key Figures

GLARMESTRE SNOER OG SØNNER A/S (CVR number: 10521203) is a company from KØBENHAVN. The company recorded a gross profit of 15.4 mDKK in 2023. The operating profit was 2031.9 kDKK, while net earnings were 1977.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 34.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GLARMESTRE SNOER OG SØNNER A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.