GLAS BYG ApS — Credit Rating and Financial Key Figures

GLAS BYG ApS (CVR number: 30577779) is a company from VARDE. The company recorded a gross profit of 1665.3 kDKK in 2024. The operating profit was 188 kDKK, while net earnings were 167.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.6 %, 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. GLAS BYG ApS's liquidity measured by quick ratio was 1.1 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.