GLASSFOOD ApS

GLASSFOOD ApS (CVR number: 35045023) is a company from SYDDJURS. The company recorded a gross profit of 554.1 kDKK in 2016. The operating profit was 7.9 kDKK, while net earnings were -2.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GLASSFOOD ApS's liquidity measured by quick ratio was 1.7 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.