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Glaseriet ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Glaseriet ApS
Glaseriet ApS (CVR number: 38568523) is a company from Høje-Taastrup. The company recorded a gross profit of 725.5 kDKK in 2024. The operating profit was 2.2 kDKK, while net earnings were 1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49.5 %, 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. Glaseriet ApS's liquidity measured by quick ratio was 1.7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 752.81 | 959.19 | 710.95 | 960.39 | 725.51 |
| EBIT | 562.24 | 261.50 | - 244.59 | 102.05 | 2.22 |
| Net earnings | 432.10 | 198.37 | - 197.54 | 76.93 | 1.00 |
| Shareholders equity total | 383.18 | 581.55 | 284.01 | 360.94 | 361.94 |
| Balance sheet total (assets) | 773.15 | 1 068.26 | 549.37 | 646.07 | 731.70 |
| Net debt | - 475.32 | - 361.78 | - 124.53 | - 374.59 | - 269.68 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 81.9 % | 28.4 % | -30.2 % | 17.1 % | 0.5 % |
| ROE | 92.4 % | 41.1 % | -45.6 % | 23.9 % | 0.3 % |
| ROI | 142.6 % | 46.5 % | -43.9 % | 27.2 % | 1.0 % |
| Economic value added (EVA) | 419.13 | 182.01 | - 228.68 | 58.59 | -16.00 |
| Solvency | |||||
| Equity ratio | 49.6 % | 54.4 % | 51.7 % | 55.9 % | 49.5 % |
| Gearing | 4.1 % | 25.0 % | 36.2 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 2.1 | 1.8 | 2.2 | 1.7 |
| Current ratio | 1.9 | 2.2 | 2.0 | 2.3 | 1.8 |
| Cash and cash equivalents | 491.03 | 506.99 | 227.38 | 374.59 | 269.68 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BBB | BBB |
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