Glas Nordic A/S — Credit Rating and Financial Key Figures

Glas Nordic A/S (CVR number: 38758063) is a company from KØBENHAVN. The company recorded a gross profit of 1083.6 kDKK in 2024. The operating profit was 29.1 kDKK, while net earnings were 33 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.2 %, 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 2.6 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.