SKOV INVEST. GLYNGØRE ApS — Credit Rating and Financial Key Figures

SKOV INVEST. GLYNGØRE ApS (CVR number: 17268384) is a company from SKIVE. The company recorded a gross profit of 14.4 mDKK in 2024. The operating profit was 7135.3 kDKK, while net earnings were 5346.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SKOV INVEST. GLYNGØRE ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.