GLASTECH HOLDING ApS — Credit Rating and Financial Key Figures

GLASTECH HOLDING ApS (CVR number: 31853206) is a company from KERTEMINDE. The company recorded a gross profit of -29.4 kDKK in 2023. The operating profit was -29.4 kDKK, while net earnings were 935.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLASTECH HOLDING ApS's liquidity measured by quick ratio was 8.2 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.