GLASBYG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 157.82 | 150.79 | 216.67 | 122.33 | 101.36 |
EBIT | 13.23 | -25.44 | 74.92 | -26.46 | -38.32 |
Net earnings | 10.20 | -21.33 | 55.60 | -44.01 | -35.71 |
Shareholders equity total | 244.18 | 222.85 | 278.45 | 253.15 | 217.44 |
Balance sheet total (assets) | 465.71 | 487.65 | 324.39 | 296.72 | 258.05 |
Net debt | - 373.86 | -89.28 | -47.86 | - 194.94 | - 182.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.4 % | -5.3 % | 18.5 % | -8.5 % | -13.8 % |
ROE | 4.3 % | -9.1 % | 22.2 % | -16.6 % | -15.2 % |
ROI | 5.0 % | -10.4 % | 29.9 % | -10.0 % | -16.3 % |
Economic value added (EVA) | -2.81 | -33.27 | 44.86 | -32.78 | -48.43 |
Solvency | |||||
Equity ratio | 71.4 % | 61.2 % | 85.8 % | 85.3 % | 84.3 % |
Gearing | 9.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.8 | 3.5 | 5.0 | 5.1 | 5.0 |
Current ratio | 2.1 | 1.8 | 5.0 | 5.1 | 5.0 |
Cash and cash equivalents | 396.89 | 89.28 | 47.86 | 194.94 | 182.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.