SNOGEBÆK GLASHYTTE ApS — Credit Rating and Financial Key Figures

SNOGEBÆK GLASHYTTE ApS (CVR number: 21170232) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 435.1 kDKK in 2023. The operating profit was 314 kDKK, while net earnings were 192.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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. SNOGEBÆK GLASHYTTE ApS's liquidity measured by quick ratio was 2.9 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.