9glazes ApS — Credit Rating and Financial Key Figures

9glazes ApS (CVR number: 38906127) is a company from AALBORG. The company recorded a gross profit of 88.6 kDKK in 2022. The operating profit was 59.3 kDKK, while net earnings were 56.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.9 %, which can be considered excellent and Return on Equity (ROE) was 57.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.2 %, 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. 9glazes ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.