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 1073.8 mDKK in 2024, demonstrating a growth of 6 % compared to the previous year. The operating profit percentage was at 18.6 % (EBIT: 199.7 mDKK), while net earnings were 163.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.1 %, which can be considered excellent and Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.2 %, 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 3.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 0.89 | 0.98 | 1.04 | 1 012.67 | 1 073.84 |
Gross profit | 0.89 | 0.98 | 1.04 | 418.05 | 469.65 |
EBIT | 0.12 | 0.17 | 0.15 | 155.44 | 199.72 |
Net earnings | 0.10 | 0.14 | 0.12 | 127.08 | 163.21 |
Shareholders equity total | 0.40 | 0.54 | 0.57 | 604.53 | 693.54 |
Balance sheet total (assets) | 0.58 | 0.72 | 0.76 | 781.84 | 927.21 |
Net debt | - 218.58 | - 292.83 | - 363.01 | ||
Profitability | |||||
EBIT-% | 13.6 % | 17.6 % | 14.5 % | 15.3 % | 18.6 % |
ROA | 0.1 % | 26.5 % | 20.4 % | 41.7 % | 25.1 % |
ROE | 0.1 % | 29.8 % | 21.6 % | 42.0 % | 25.1 % |
ROI | 0.1 % | 26.5 % | 20.4 % | 51.7 % | 31.6 % |
Economic value added (EVA) | -5.62 | 0.15 | 0.12 | 133.70 | 140.56 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 5.1 % | 79.2 % | 78.2 % |
Gearing | 0.3 % | 1.3 % | |||
Relative net indebtedness % | -20956.8 % | -14.0 % | -15.1 % | ||
Liquidity | |||||
Quick ratio | 3.3 | 3.3 | |||
Current ratio | 3.9 | 3.5 | |||
Cash and cash equivalents | 218.58 | 294.51 | 372.06 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 46.0 | 46.6 | |||
Net working capital % | 20956.8 % | 43.2 % | 49.4 % | ||
Credit risk | |||||
Credit rating | BB | BB | B | AA | AAA |
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