Glentereden ApS — Credit Rating and Financial Key Figures

Glentereden ApS (CVR number: 37276405) is a company from NORDDJURS. The company recorded a gross profit of 3004.9 kDKK in 2023. The operating profit was 51 kDKK, while net earnings were 35.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 61.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Glentereden ApS's liquidity measured by quick ratio was 2.7 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.