Byens Glas og Glarmester ApS — Credit Rating and Financial Key Figures

Byens Glas og Glarmester ApS (CVR number: 41469587) is a company from RANDERS. The company recorded a gross profit of 2161.4 kDKK in 2023. The operating profit was 25.4 kDKK, while net earnings were 13.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 44.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Byens Glas og Glarmester ApS's liquidity measured by quick ratio was 1.5 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.