GLG Administration ApS — Credit Rating and Financial Key Figures

GLG Administration ApS (CVR number: 38051121) is a company from KØBENHAVN. The company recorded a gross profit of 6295.9 kDKK in 2019. The operating profit was -2101.3 kDKK, while net earnings were -2106.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.7 %, which can be considered poor and Return on Equity (ROE) was -35.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GLG Administration 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.