Glamsbjerg Padel ApS

Glamsbjerg Padel ApS (CVR number: 42735094) is a company from ASSENS. The company recorded a gross profit of 1099.5 kDKK in 2023. The operating profit was 840.9 kDKK, while net earnings were 855.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 7.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Glamsbjerg Padel ApS's liquidity measured by quick ratio was 1.9 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.