GLOVA RAIL A/S — Credit Rating and Financial Key Figures

GLOVA RAIL A/S (CVR number: 10120268) is a company from ODENSE. The company recorded a gross profit of 32.3 mDKK in 2023. The operating profit was 15.9 mDKK, while net earnings were 12.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 40.3 %, which can be considered excellent and Return on Equity (ROE) was 38.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. GLOVA RAIL A/S's liquidity measured by quick ratio was 2.9 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.