A. B. GLAS ApS — Credit Rating and Financial Key Figures

A. B. GLAS ApS (CVR number: 20679980) is a company from Høje-Taastrup. The company recorded a gross profit of 1306.5 kDKK in 2023. The operating profit was 90.2 kDKK, while net earnings were 42.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 42.8 %, 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. A. B. GLAS 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.