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
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2023
2024
Volume
Net sales961 794.001 029 618.00
Gross profit391 794.00439 849.00
EBIT158 807.00200 791.00
Net earnings127 077.00163 206.00
Shareholders equity total604 532.00693 545.00
Balance sheet total (assets)772 373.00919 143.00
Net debt- 258 946.00- 322 350.00
Profitability
EBIT-%16.5 %19.5 %
ROA21.3 %25.2 %
ROE21.1 %25.1 %
ROI26.4 %31.9 %
Economic value added (EVA)-5 488.91125 367.75146 257.57
Solvency
Equity ratio79.9 %78.4 %
Gearing0.6 %1.3 %
Relative net indebtedness %-11.3 %-11.8 %
Liquidity
Quick ratio3.03.0
Current ratio3.53.2
Cash and cash equivalents262 512.00331 399.00
Capital use efficiency
Trade debtors turnover (days)47.548.2
Net working capital %39.2 %44.9 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:25.2%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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