GLOVA RAIL A/S

CVR 10120268 · Public limited company (A/S) · Active · Low risk

GLOVA RAIL A/S is a Public limited company (A/S), founded on , based in Odense S. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Mar 2026) shows equity of DKK 13.2m and a net result of DKK 10.4m.

Bankruptcy risk for GLOVA RAIL A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
10120268
Status
Active
Company type
Public limited company (A/S)
Founded
(23 years)
Address
Sivlandvænget 1D
5260 Odense S
Municipality
Odense
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
18 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 23
Missing annual reportNo
Negative equityNo
Equity ratio54.7%
Current ratio228%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 27.4mDKK 30.2mDKK 32.3m
Net profitDKK 10.4mDKK 12.1mDKK 12.4m
EquityDKK 13.2mDKK 14.8mDKK 26.7m
Total assetsDKK 24.2mDKK 24.5mDKK 36.0m
CashDKK 9,494DKK 7,778–
Short-term debtDKK 10.4mDKK 9.0m–
Avg. employees1718–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 202687
1 Apr 2024 – 31 Mar 202574
1 Jan 2023 – 31 Mar 202496
1 Jan 2022 – 31 Dec 2022111
1 Jan 2021 – 31 Dec 2021110
1 Jan 2020 – 31 Dec 2020110
1 Jan 2019 – 31 Dec 201994
1 Jan 2018 – 31 Dec 201891
1 Jan 2017 – 31 Dec 2017113
1 Jan 2016 – 31 Dec 2016124
1 Jan 2015 – 31 Dec 2015133
1 Jan 2014 – 31 Dec 2014111
1 Jan 2013 – 31 Dec 2013104
1 Jan 2012 – 31 Dec 201298
1 Jan 2011 – 31 Dec 2011114
1 Jan 2010 – 31 Dec 2010116
1 Jan 2009 – 31 Dec 2009111
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007157
1 Jan 2006 – 31 Dec 2006150

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOOle Lind Rasmussen
CEODuncan James Hooper
CEOHorst Kirchner
BoardPeter Stage SørensenCurrent
BoardPeter BjørnskovCurrent
BoardPeter HelbirkCurrent
BoardOle Lind Rasmussen
BoardDuncan James Hooper
BoardHorst Kirchner
BoardAndrew Peter Flinn
BoardLars Genild
BoardDuncan James Hooper
BoardSven Mascow
BoardCarl Fredrik Siwmark
Owner (100%)LAGERCRANTZ A/SCurrent
Owner (100%)EUPA HOLDING ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderANPARTSSELSKABET STAKEMANNCurrent

The CEOs' other companies

Ole Lind Rasmussen – 4 other companies

Duncan James Hooper – 2 other companies

Horst Kirchner – 4 other companies

Address history (2 moves)

Sivlandvænget 1D, 5260 Odense S
Elvej 3, 5260 Odense S
Kronprinsessegade 18, 1306 København K

Former names

GLOVA RAIL A/S – now
GLOVA A/S –
EUPA A/S –
EURO PARTNER ApS –
ApS KBUS 38 NR. 5290 –

Employees per year

Number of employees at GLOVA RAIL A/S per year10202011: 1620112012: 1520122013: 1720132014: 1520142015: 1920152016: 1720162017: 2020172018: 182018

Other companies at the same address

Similar companies in Odense

Questions and answers about GLOVA RAIL A/S

Has GLOVA RAIL A/S gone bankrupt?

No, GLOVA RAIL A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of GLOVA RAIL A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the auditor of GLOVA RAIL A/S?

GLOVA RAIL A/S most recently used EY Godkendt Revisionspartnerselskab.

When was GLOVA RAIL A/S founded?

GLOVA RAIL A/S was founded on 21 January 2003.

What is the equity of GLOVA RAIL A/S?

Equity was DKK 13.2m according to the annual report for the period ending 31 March 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.