GLASTECH COMPOSITE ApS — Credit Rating and Financial Key Figures

GLASTECH COMPOSITE ApS (CVR number: 31853311) is a company from KERTEMINDE. The company recorded a gross profit of 4595.8 kDKK in 2023. The operating profit was 1817.9 kDKK, while net earnings were 1475.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 55.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GLASTECH COMPOSITE ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.