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GLASTECH COMPOSITE ApS
APS
Active
Advertising protection
CVR 31853311
Søndre Havnekaj 19, 5300
Kerteminde
Repair and maintenance of civilian ships and boats
·
NACE 3315
Est. 2008 · 17 years old
7 employees
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Denmark
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Companies
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Repair and maintenance of civilian ships and boats
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GLASTECH COMPOSITE ApS
Overview
Financials
People & ownership
Related companies
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Financials
Gross profit
DKK millions
15M
11M
7M
4M
0M
2021: 6M
6M
2021
2022: 12M (+100% vs 2021)
12M
+100%
2022
2023: 5M (-58% vs 2022)
5M
-58%
2023
2024: 5M (0% vs 2023)
5M
0%
2024
2025: 3M (-40% vs 2024)
3M
-40%
2025
EBITDA
DKK millions
7M
3M
0M
-3M
-7M
2021: -4M
-4M
2021
2022: 4M (+200% vs 2021)
4M
+200%
2022
2023: 0M (-100% vs 2022)
0M
-100%
2023
2024: 2M
2M
2024
2025: 1M (-50% vs 2024)
1M
-50%
2025
Income statement
DKK thousands
Item
2025
2024
2023
2022
2021
Gross profit
3.123
4.596
5.004
11.572
5.777
Staff expenses
-2.263
-2.742
-5.098
-7.669
-9.712
EBITDA
860
1.854
-94
3.903
-3.935
Depreciation & amort.
-14
-36
-74
-184
-339
EBIT
847
1.818
-168
3.719
-4.275
Net financials
-50
32
-168
64
44
Profit before tax
797
1.850
-336
3.783
-4.231
Tax
172
374
-101
840
-820
Net profit
625
1.475
-235
2.943
-3.411
Balance sheet
DKK thousands
Item
2025
2024
2023
2022
2021
Total assets
10.761
10.853
10.814
12.687
10.757
Equity
4.037
3.412
1.937
2.172
-771
Long-term debt
3.947
3.361
3.387
2.973
2.696
Short-term debt
2.777
4.079
5.490
7.542
8.832
Total debt
6.724
7.441
8.877
10.515
11.529
Financial ratios
5-year trend
EBITDA margin (of gross profit)
27,5 %
This company
2021
2025
Equity ratio
37,5 %
This company
38,2 %
Market median
This company
Market median
2% below market
2021
2025
Return on equity
15,5 %
This company
18,4 %
Market median
This company
Market median
16% below market
2021
2025
Net profit margin (of gross profit)
20,0 %
This company
2021
2025
Asset turnover (of gross profit)
0,29×
This company
2021
2025
Debt / equity
1,67×
This company
0,62×
Market median
This company
Market median
169% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2024-04-01 – 2025-03-31
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-04-01 – 2024-03-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-04-01 – 2023-03-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-04-01 – 2022-03-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-04-01 – 2021-03-31
View
PDF
More on GLASTECH COMPOSITE ApS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
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Corporate hierarchy, parent and subsidiary network
