Glumsø Handel & Service ApS — Credit Rating and Financial Key Figures

Glumsø Handel & Service ApS (CVR number: 37073741) is a company from NÆSTVED. The company recorded a gross profit of 119.8 kDKK in 2017. The operating profit was 109.8 kDKK, while net earnings were 74.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.6 %, 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. Glumsø Handel & Service ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.