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 -18.2 kDKK in 2024. The operating profit was -18.2 kDKK, while net earnings were 552 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 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.4 %, 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 8.4 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.