GLASBESLAG ApS — Credit Rating and Financial Key Figures

GLASBESLAG ApS (CVR number: 32556884) is a company from FREDERIKSHAVN. The company recorded a gross profit of 40.3 kDKK in 2017. The operating profit was 30.3 kDKK, while net earnings were 30.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLASBESLAG ApS's liquidity measured by quick ratio was 14.2 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.