Glas Nordic A/S

Glas Nordic A/S (CVR number: 38758063) is a company from KØBENHAVN. The company recorded a gross profit of 1974.1 kDKK in 2023. The operating profit was 883.1 kDKK, while net earnings were 683.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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 Nordic A/S's liquidity measured by quick ratio was 2.8 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.