Glaring Yachts ApS — Credit Rating and Financial Key Figures

Glaring Yachts ApS (CVR number: 40770275) is a company from MIDDELFART. The company recorded a gross profit of -5.8 kDKK in 2024. The operating profit was -11 kDKK, while net earnings were -63.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -50.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. Glaring Yachts ApS's liquidity measured by quick ratio was 4.8 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.