Glastech Group ApS — Credit Rating and Financial Key Figures

Glastech Group ApS (CVR number: 42790265) is a company from KERTEMINDE. The company recorded a gross profit of 3820.7 kDKK in 2024. The operating profit was 57.5 kDKK, while net earnings were 43 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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 Group ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.