GLENART ApS — Credit Rating and Financial Key Figures

GLENART ApS (CVR number: 34623406) is a company from FREDERIKSBERG. The company recorded a gross profit of 386.2 kDKK in 2023. The operating profit was -7.8 kDKK, while net earnings were -88.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was -32.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. GLENART ApS's liquidity measured by quick ratio was 3.3 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.