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GLAS BYG ApS — Credit Rating and Financial Key Figures

CVR number: 30577779
Laboratorievej 12, 6800 Varde
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Credit rating

Company information

Official name
GLAS BYG ApS
Personnel
3 persons
Established
2007
Company form
Private limited company
Industry

About GLAS BYG ApS

GLAS BYG ApS (CVR number: 30577779) is a company from VARDE. The company recorded a gross profit of 1220.4 kDKK in 2025. The operating profit was 69.8 kDKK, while net earnings were 30.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.9 %, 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 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit2 050.261 923.821 459.581 665.281 220.36
EBIT333.47256.69134.40188.0469.77
Net earnings266.34213.11135.14167.7230.56
Shareholders equity total1 167.671 138.111 060.141 092.72955.57
Balance sheet total (assets)1 541.441 719.001 579.132 295.301 954.65
Net debt- 598.45- 861.95- 354.3977.10300.42
Profitability
EBIT-%
ROA19.5 %17.3 %10.6 %12.2 %3.8 %
ROE23.5 %18.5 %12.3 %15.6 %3.0 %
ROI30.3 %24.3 %15.7 %18.1 %5.3 %
Economic value added (EVA)201.30137.5046.1391.08-25.70
Solvency
Equity ratio75.8 %66.2 %67.1 %47.6 %48.9 %
Gearing0.3 %0.2 %38.6 %50.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.82.83.01.10.8
Current ratio3.82.83.01.10.8
Cash and cash equivalents598.45865.48356.85344.53183.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.76%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:48.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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