Glaze ApS — Credit Rating and Financial Key Figures

CVR number: 37664308
Christians Brygge 28, 1559 København V

Credit rating

Company information

Official name
Glaze ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About Glaze ApS

Glaze ApS (CVR number: 37664308) is a company from KØBENHAVN. The company recorded a gross profit of 1793 kDKK in 2024. The operating profit was 170.9 kDKK, while net earnings were 136.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. Glaze 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 243.521 660.001 299.071 642.331 792.99
EBIT691.84204.3835.5422.86170.91
Net earnings521.67149.9312.233.46136.16
Shareholders equity total922.331 072.261 084.491 087.951 224.11
Balance sheet total (assets)2 601.661 878.202 527.922 670.921 932.50
Net debt- 547.54- 900.59264.08- 241.36- 841.84
Profitability
EBIT-%
ROA33.8 %9.2 %2.7 %1.0 %7.6 %
ROE78.9 %15.0 %1.1 %0.3 %11.8 %
ROI88.6 %17.6 %4.5 %2.2 %15.2 %
Economic value added (EVA)515.23112.54-27.18-46.4777.82
Solvency
Equity ratio35.5 %57.1 %42.9 %40.7 %63.3 %
Gearing27.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.91.71.72.7
Current ratio1.72.91.71.72.7
Cash and cash equivalents547.54900.5929.70241.36841.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:7.63%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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