Glesmo IVS — Credit Rating and Financial Key Figures

Glesmo IVS (CVR number: 40225382) is a company from ESBJERG. The company reported a net sales of 0 mDKK in 2020, demonstrating a decline of -22.9 % compared to the previous year. The operating profit percentage was at 100 % (EBIT: 0 mDKK), while net earnings were 31.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.1 %, which can be considered excellent and Return on Equity (ROE) was 72.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.5 %, 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. Glesmo IVS's liquidity measured by quick ratio was 2.7 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.