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: 87457117) is a company from SKIVE. The company reported a net sales of 1029.6 mDKK in 2024, demonstrating a growth of 7.1 % compared to the previous year. The operating profit percentage was at 19.5 % (EBIT: 200.8 mDKK), while net earnings were 163.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.2 %, 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 78.4 %, 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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 961 794.00 | 1 029 618.00 | |
Gross profit | 391 794.00 | 439 849.00 | |
EBIT | 158 807.00 | 200 791.00 | |
Net earnings | 127 077.00 | 163 206.00 | |
Shareholders equity total | 604 532.00 | 693 545.00 | |
Balance sheet total (assets) | 772 373.00 | 919 143.00 | |
Net debt | - 258 946.00 | - 322 350.00 | |
Profitability | |||
EBIT-% | 16.5 % | 19.5 % | |
ROA | 21.3 % | 25.2 % | |
ROE | 21.1 % | 25.1 % | |
ROI | 26.4 % | 31.9 % | |
Economic value added (EVA) | -5 488.91 | 125 367.75 | 146 257.57 |
Solvency | |||
Equity ratio | 79.9 % | 78.4 % | |
Gearing | 0.6 % | 1.3 % | |
Relative net indebtedness % | -11.3 % | -11.8 % | |
Liquidity | |||
Quick ratio | 3.0 | 3.0 | |
Current ratio | 3.5 | 3.2 | |
Cash and cash equivalents | 262 512.00 | 331 399.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 47.5 | 48.2 | |
Net working capital % | 39.2 % | 44.9 % | |
Credit risk | |||
Credit rating | AAA | AAA |
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