MULTIGLAS ApS — Credit Rating and Financial Key Figures

CVR number: 29403090
Hedelandsvej 15, 7400 Herning
kontakt@multiglas.dk
tel: 97123757
www.multiglas.dk
Free credit report Annual report

Credit rating

Company information

Official name
MULTIGLAS ApS
Personnel
12 persons
Established
2006
Company form
Private limited company
Industry

About MULTIGLAS ApS

MULTIGLAS ApS (CVR number: 29403090) is a company from HERNING. The company recorded a gross profit of 6029.1 kDKK in 2024. The operating profit was 964 kDKK, while net earnings were 749.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent and Return on Equity (ROE) was 34.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. MULTIGLAS ApS's liquidity measured by quick ratio was 1.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 812.886 889.005 931.977 358.156 029.10
EBIT1 284.191 514.491 361.311 387.15964.03
Net earnings997.041 175.131 060.721 080.54749.09
Shareholders equity total1 964.062 139.192 199.902 280.442 029.53
Balance sheet total (assets)4 099.845 609.074 586.205 347.343 951.89
Net debt-1 264.22-1 784.68-1 863.42-1 791.22-1 397.41
Profitability
EBIT-%
ROA27.3 %31.2 %26.7 %28.0 %20.8 %
ROE50.7 %57.3 %48.9 %48.2 %34.8 %
ROI51.3 %64.2 %58.2 %62.1 %45.0 %
Economic value added (EVA)861.771 067.49936.59970.10633.01
Solvency
Equity ratio47.9 %38.1 %48.0 %42.6 %51.4 %
Gearing14.3 %14.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.41.51.41.6
Current ratio1.91.61.91.72.0
Cash and cash equivalents1 545.242 096.471 863.421 791.221 397.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:20.8%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.4%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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