GloVac International ApS — Credit Rating and Financial Key Figures

GloVac International ApS (CVR number: 40311076) is a company from AARHUS. The company recorded a gross profit of -271.8 kDKK in 2023. The operating profit was -285.8 kDKK, while net earnings were -352.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -70 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -81.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GloVac International ApS's liquidity measured by quick ratio was 9.6 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.