GLARMESTER FRANDSEN ApS — Credit Rating and Financial Key Figures

GLARMESTER FRANDSEN ApS (CVR number: 25865014) is a company from FREDERIKSSUND. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -11.7 % compared to the previous year. The operating profit percentage was poor at -0.2 % (EBIT: -0 mDKK), while net earnings were -5.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GLARMESTER FRANDSEN ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.