Glashus IVS — Credit Rating and Financial Key Figures

Glashus IVS (CVR number: 39236486) is a company from SØNDERBORG. The company recorded a gross profit of 348.3 kDKK in 2018. The operating profit was 26 kDKK, while net earnings were 20.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.3 %, which can be considered excellent and Return on Equity (ROE) was 100 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.4 %, 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. Glashus IVS's liquidity measured by quick ratio was 1.6 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.