Glen Søgaard ApS — Credit Rating and Financial Key Figures

Glen Søgaard ApS (CVR number: 36926430) is a company from VEJLE. The company recorded a gross profit of 358.3 kDKK in 2023. The operating profit was 255.2 kDKK, while net earnings were 393.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.5 %, which can be considered excellent and Return on Equity (ROE) was 72.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Glen Søgaard ApS's liquidity measured by quick ratio was 2.1 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.