A. B. GLAS ApS

CVR number: 20679980
Vandmestervej 14, 2630 Taastrup

Credit rating

Company information

Official name
A. B. GLAS ApS
Personnel
4 persons
Established
1998
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About the company

A. B. GLAS ApS (CVR number: 20679980) is a company from Høje-Taastrup. The company recorded a gross profit of 1144.5 kDKK in 2022. The operating profit was -26.5 kDKK, while net earnings were 118 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.5 %, 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 0.8 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit803.31895.06804.991 202.501 144.55
EBIT185.269.9257.71187.61-26.52
Net earnings137.7210.7863.0389.54117.97
Shareholders equity total405.14415.95478.98568.52686.49
Balance sheet total (assets)968.90894.531 055.671 450.211 616.14
Net debt- 307.90- 327.38-66.88- 259.00- 252.36
Profitability
EBIT-%
ROA20.9 %2.7 %9.0 %15.0 %10.1 %
ROE41.0 %2.6 %14.1 %17.1 %18.8 %
ROI34.8 %4.4 %15.3 %30.5 %22.4 %
Economic value added (EVA)134.773.6340.82126.80-33.51
Solvency
Equity ratio41.8 %46.5 %45.4 %39.2 %42.5 %
Gearing38.9 %26.2 %20.1 %8.8 %5.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.40.90.80.8
Current ratio1.61.61.00.90.9
Cash and cash equivalents465.68436.41163.25308.98292.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.5%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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