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 30.2 mDKK in 2024. The operating profit was 15.7 mDKK, while net earnings were 12.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 52.6 %, which can be considered excellent and Return on Equity (ROE) was 58.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.8 %, 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 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.