Glassify ApS — Credit Rating and Financial Key Figures

Glassify ApS (CVR number: 41543485) is a company from HELSINGØR. The company recorded a gross profit of -22.9 kDKK in 2023. The operating profit was -22.9 kDKK, while net earnings were -22.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.8 %, which can be considered poor and Return on Equity (ROE) was -75.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -42.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Glassify ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.