GLARMESTRENE G. MADSEN & SØNNER A/S — Credit Rating and Financial Key Figures

GLARMESTRENE G. MADSEN & SØNNER A/S (CVR number: 14845836) is a company from KØBENHAVN. The company recorded a gross profit of 4681.7 kDKK in 2023. The operating profit was 1051.1 kDKK, while net earnings were 753.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74 %, 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. GLARMESTRENE G. MADSEN & SØNNER A/S's liquidity measured by quick ratio was 4.2 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.