Glerup Development ApS — Credit Rating and Financial Key Figures

Glerup Development ApS (CVR number: 42281093) is a company from IKAST-BRANDE. The company recorded a gross profit of -40.5 kDKK in 2024. The operating profit was -40.5 kDKK, while net earnings were -35.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -39.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.8 %, 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. Glerup Development ApS's liquidity measured by quick ratio was 4.1 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.