Glasbjerg Byg ApS — Credit Rating and Financial Key Figures

Glasbjerg Byg ApS (CVR number: 43513567) is a company from VEJLE. The company recorded a gross profit of 449.4 kDKK in 2023. The operating profit was 79.9 kDKK, while net earnings were 56.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 58.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.9 %, 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. Glasbjerg Byg 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.