GLASA ApS — Credit Rating and Financial Key Figures

GLASA ApS (CVR number: 41401222) is a company from GENTOFTE. The company recorded a gross profit of -44.8 kDKK in 2023. The operating profit was -78.1 kDKK, while net earnings were -62.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.6 %, which can be considered poor and Return on Equity (ROE) was -32.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. GLASA ApS's liquidity measured by quick ratio was 2.8 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.