GLAS & RAMMER ApS — Credit Rating and Financial Key Figures

GLAS & RAMMER ApS (CVR number: 29618798) is a company from IKAST-BRANDE. The company recorded a gross profit of 5696.7 kDKK in 2023. The operating profit was 2549.3 kDKK, while net earnings were 1988.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 82.4 %, which can be considered excellent and Return on Equity (ROE) was 87.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.3 %, 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. GLAS & RAMMER ApS's liquidity measured by quick ratio was 2.8 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.