GLAS BYG ApS

GLAS BYG ApS (CVR number: 30577779) is a company from VARDE. The company recorded a gross profit of 1459.6 kDKK in 2023. The operating profit was 134.4 kDKK, while net earnings were 135.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GLAS BYG ApS's liquidity measured by quick ratio was 3 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.