SKOV A/S. GLYNGØRE — Credit Rating and Financial Key Figures

CVR number: 87457117
Hedelund 4, Glyngøre 7870 Roslev
tel: 72175959

Credit rating

Company information

Official name
SKOV A/S. GLYNGØRE
Personnel
366 persons
Established
1978
Domicile
Glyngøre
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales0.890.981.041 012.671 073.84
Gross profit0.890.981.04418.05469.65
EBIT0.120.170.15155.44199.72
Net earnings0.100.140.12127.08163.21
Shareholders equity total0.400.540.57604.53693.54
Balance sheet total (assets)0.580.720.76781.84927.21
Net debt- 218.58- 292.83- 363.01
Profitability
EBIT-%13.6 %17.6 %14.5 %15.3 %18.6 %
ROA0.1 %26.5 %20.4 %41.7 %25.1 %
ROE0.1 %29.8 %21.6 %42.0 %25.1 %
ROI0.1 %26.5 %20.4 %51.7 %31.6 %
Economic value added (EVA)-5.620.150.12133.70140.56
Solvency
Equity ratio100.0 %100.0 %5.1 %79.2 %78.2 %
Gearing0.3 %1.3 %
Relative net indebtedness %-20956.8 %-14.0 %-15.1 %
Liquidity
Quick ratio3.33.3
Current ratio3.93.5
Cash and cash equivalents218.58294.51372.06
Capital use efficiency
Trade debtors turnover (days)46.046.6
Net working capital %20956.8 %43.2 %49.4 %
Credit risk
Credit ratingBBBBBAAAAA

Variable visualization

ROA:25.1%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.2%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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