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SKOV A/S. GLYNGØRE — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKOV A/S. GLYNGØRE
SKOV A/S. GLYNGØRE (CVR number: 87457117K) is a company from SKIVE. The company reported a net sales of 1368.2 mDKK in 2025, demonstrating a growth of 27.4 % compared to the previous year. The operating profit percentage was at 20 % (EBIT: 273.1 mDKK), while net earnings were 194.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.7 %, which can be considered excellent and Return on Equity (ROE) was 32.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SKOV A/S. GLYNGØRE's liquidity measured by quick ratio was 2.3 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 0.98 | 1.04 | 1.01 | 1 073.84 | 1 368.23 |
| Gross profit | 0.98 | 1.04 | 1.01 | 469.65 | 593.22 |
| EBIT | 0.17 | 0.15 | 0.15 | 199.73 | 273.13 |
| Net earnings | 0.14 | 0.12 | 0.13 | 163.21 | 194.31 |
| Shareholders equity total | 0.54 | 0.57 | 0.60 | 693.54 | 507.54 |
| Balance sheet total (assets) | 0.72 | 0.76 | 0.78 | 927.21 | 726.83 |
| Net debt | - 294.51 | - 363.01 | - 202.53 | ||
| Profitability | |||||
| EBIT-% | 17.6 % | 14.5 % | 15.3 % | 18.6 % | 20.0 % |
| ROA | 26.5 % | 20.4 % | 20.1 % | 46.1 % | 34.7 % |
| ROE | 29.8 % | 21.6 % | 21.5 % | 47.0 % | 32.4 % |
| ROI | 26.5 % | 20.4 % | 20.1 % | 58.9 % | 45.5 % |
| Economic value added (EVA) | 0.15 | 0.12 | 0.13 | 155.65 | 173.91 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 6.2 % | 78.2 % | 72.8 % |
| Gearing | 1.3 % | 0.6 % | |||
| Relative net indebtedness % | -29073.5 % | -15.1 % | -0.8 % | ||
| Liquidity | |||||
| Quick ratio | 3.3 | 2.3 | |||
| Current ratio | 3.5 | 3.0 | |||
| Cash and cash equivalents | 294.51 | 372.06 | 205.49 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 46.6 | 31.3 | |||
| Net working capital % | 29073.5 % | 49.4 % | 27.8 % | ||
| Credit risk | |||||
| Credit rating | BB | BB | B | AAA | AA |
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