GLP R&D ApS — Credit Rating and Financial Key Figures

GLP R&D ApS (CVR number: 37583340) is a company from VEJLE. The company recorded a gross profit of 1199.6 kDKK in 2020. The operating profit was -51.9 kDKK, while net earnings were -64.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.3 %, which can be considered poor and Return on Equity (ROE) was -30.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.8 %, 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. GLP R&D ApS's liquidity measured by quick ratio was 2.8 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.