GLASBYG ApS — Credit Rating and Financial Key Figures

CVR number: 26803403
Brogade 1 D, 4800 Nykøbing F
info@glasbyg.com
tel: 40866573
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Company information

Official name
GLASBYG ApS
Established
2002
Company form
Private limited company
Industry

About GLASBYG ApS

GLASBYG ApS (CVR number: 26803403) is a company from GULDBORGSUND. The company recorded a gross profit of 101.4 kDKK in 2024. The operating profit was -38.3 kDKK, while net earnings were -35.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.8 %, which can be considered poor and Return on Equity (ROE) was -15.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLASBYG ApS's liquidity measured by quick ratio was 5 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 profit157.82150.79216.67122.33101.36
EBIT13.23-25.4474.92-26.46-38.32
Net earnings10.20-21.3355.60-44.01-35.71
Shareholders equity total244.18222.85278.45253.15217.44
Balance sheet total (assets)465.71487.65324.39296.72258.05
Net debt- 373.86-89.28-47.86- 194.94- 182.49
Profitability
EBIT-%
ROA3.4 %-5.3 %18.5 %-8.5 %-13.8 %
ROE4.3 %-9.1 %22.2 %-16.6 %-15.2 %
ROI5.0 %-10.4 %29.9 %-10.0 %-16.3 %
Economic value added (EVA)-2.81-33.2744.86-32.78-48.43
Solvency
Equity ratio71.4 %61.2 %85.8 %85.3 %84.3 %
Gearing9.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.83.55.05.15.0
Current ratio2.11.85.05.15.0
Cash and cash equivalents396.8989.2847.86194.94182.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-13.8%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.3%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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