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Glova Rail A/S

Public limited companyCVR 10120268Odense SActive

Glova Rail A/S is a public limited company, based in Odense S, active in wholesale of wood, construction materials and sanitary equipment, founded in 2003. Net profit fell 14% from 2025 to 2026, ending at DKK 10.4m. Gross profit is higher than that of 85% of the companies in the industry in the database.

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Key figures · financial year 2026

Gross profitDKK 27.4m−9.2% vs. 2025
Net profitDKK 10.4m−13.7% vs. 2025
EquityDKK 13.2m−10.6% vs. 2025
Employees17latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 9% (2025 → 2026), to DKK 27.4m.
  • Net profit fell 14% (2025 → 2026), to DKK 10.4m.
  • Equity fell 11% (2025 → 2026), to DKK 13.2m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of wood, construction materials and sanitary equipment (468300)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35mDKK 40m202020212022202420252026
EquityNet profit
Financial figures for Glova Rail A/S
202020212022202420252026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit20,03921,48826,51032,27230,20127,433−9.2%
Operating profit (EBIT)10,06611,46814,86515,91315,69313,725−12.5%
Profit before tax10,15411,34714,66815,90915,51913,434−13.4%
Net profit7,9178,84711,43412,39812,09010,431−13.7%
Total assets34,75539,69044,80235,98824,47624,163−1.3%
Equity30,56433,41038,30426,70214,79213,223−10.6%
Liabilities3,6925,7805,9988,7858,98410,365+15.4%
Cash and cash equivalents16,52717,65222,2223589+22.1%
Average number of employees171818171817−5.6%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2024, 2025, 2026: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2023 (changed financial year or not filed).

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202420252026
Gross profitMedian, the industry (430 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2026.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Glova Rail A/S
Financial yearPeriodPublishedFigures forDocuments
202601/04/2025 – 31/03/202626/06/2026The companyPDF not statedXBRL
202501/04/2024 – 31/03/202513/06/2025The companyPDF not statedXBRL
202401/01/2023 – 31/03/202405/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202221/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202120/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202020/04/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
0510152009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

430 companies in the database

Comparison with the other companies in wholesale of wood, construction materials and sanitary equipment based on the latest financial year.

Gross profitDKK 27.4mNo. 65 of 429
Better than 85% of the companies in the industry
EquityDKK 13.2mNo. 137 of 430
Better than 68% of the companies in the industry
Number of employees17No. 103 of 430
Better than 76% of the companies in the industry

Industry median: gross profit DKK 5.9m, net profit DKK 623k, equity DKK 6.3m, 7 employees.

DKK 100kDKK 1.2mDKK 13.3mDKK 152.6mDKK 778.2mHere
Distribution of gross profit for 416 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 982of 69,742
Better than 99%
No. 7,558of 69,964
Better than 89%
Same industry and fewer than 20 employees334 companies in the comparison
No. 12of 334
Better than 97%
No. 63of 334
Better than 81%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 2,582of 24,791
Better than 90%
No. 5,663of 24,909
Better than 77%
All companies of type A/S18,025 companies in the comparison
No. 4,687of 17,786
Better than 74%
No. 7,673of 18,024
Better than 57%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Wholesale of wood, construction materials and sanitary equipment
Gross profit
  1. Glova Rail A/SDKK 27.4m
  2. Stark Danmark A/SDKK 1.8bn
  3. Bygma A/SDKK 1.4bn
Net profit
  1. Glova Rail A/SDKK 10.4m
  2. Stark Danmark A/SDKK 238m
  3. Bygma A/SDKK 228m
Equity
  1. Glova Rail A/SDKK 13.2m
  2. Stark Danmark A/SDKK 2bn
  3. Bygma A/SDKK 2.3bn
Employees
  1. Glova Rail A/S17
  2. Stark Danmark A/S2,792
  3. Bygma A/S1,891

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
Glova Rail A/S

Management

4 active registrations

Executive management

Executive management at Glova Rail A/S
NameRoleAppointed
Peter Stage SørensenCEO01/08/2022

Board of directors

Board of directors at Glova Rail A/S
NameRoleAppointed
Peter Stage SørensenBoard member05/04/2023
Peter BjørnskovChair of the board05/04/2023
Peter HelbirkBoard member24/06/2024
Founders
Anpartsselskabet Stakemann
Former management (11)
Former management at Glova Rail A/S
NameRoleAppointedResigned
Kim MadsenCEO21/01/200304/03/2003
Ole Lind RasmussenDirector04/03/200301/01/2006
Duncan James HooperDirector04/03/200301/01/2006
Ole Lind RasmussenBoard member01/01/200605/04/2023
Horst KirchnerBoard member01/01/200605/04/2023
Horst KirchnerDirector01/01/200601/08/2022
Andrew Peter FlinnBoard member25/05/200905/04/2023
Lars GenildBoard member17/09/200930/06/2020
Duncan James HooperBoard member24/04/201215/04/2016
Sven MascowBoard member30/06/202005/04/2023
Carl Fredrik SiwmarkBoard member05/04/202324/06/2024

Signing rule: Selskabet tegnes af den samlede bestyrelse, af to bestyrelsesmedlemmer i forening eller af et bestyrelsesmedlem i forening med en direktør.

Address and production units

1 active production units

Sivlandvænget 1D
5260 Odense S

Odense Municipality · Postcode 5260

Production units
Production unitAddressEmployeesP number
GLOVA RAIL A/SSivlandvænget 1D, Hjallese, 5260 Odense S171009658080

Purpose

Selskabets formål er at drive handel og industri og dermed beslægtet virksomhed, herunder rådgivning.

The purpose is quoted from the register in Danish.

Changes year by year

46 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2025 published
  • Industry changed to Wholesale of wood, construction materials and sanitary equipment (468300)
20243 changesaccounts 1 · management 2
  • Annual report for 2024 published
  • Peter Helbirk appointed board member
  • Carl Fredrik Siwmark stepped down as board member
202310 changesaccounts 1 · management 7 · ownership 2
  • Annual report for 2022 published
  • Peter Bjørnskov appointed chair of the board
  • Peter Stage Sørensen appointed board member
  • Carl Fredrik Siwmark appointed board member
  • Sven Mascow stepped down as board member
  • Andrew Peter Flinn stepped down as board member
  • Horst Kirchner stepped down as board member
  • Ole Lind Rasmussen stepped down as board member
  • LAGERCRANTZ A/S registered as owner (100%)
  • EUPA HOLDING ApS is no longer registered as owner
20223 changesmanagement 2 · accounts 1
  • Peter Stage Sørensen appointed ceo
  • Horst Kirchner stepped down as director
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20202 changesmanagement 2
  • Sven Mascow appointed board member
  • Lars Genild stepped down as board member
20162 changesaddress 1 · management 1
  • Moved to Sivlandvænget 1D, Hjallese, 5260 Odense S
  • Duncan James Hooper stepped down as board member
20122 changesname 1 · management 1
  • Name changed from GLOVA A/S to GLOVA RAIL A/S
  • Duncan James Hooper appointed board member
20101 changeownership 1
  • EUPA HOLDING ApS registered as owner (100%)
20092 changesmanagement 2
  • Lars Genild appointed board member
  • Andrew Peter Flinn appointed board member
20082 changesname 1 · industry 1
  • Name changed from EUPA A/S to GLOVA A/S
  • Industry changed to Engroshandel med træ, trælast og byggematerialer (467310)
20067 changesname 1 · capital 1 · management 5
  • Name changed from EURO PARTNER ApS to EUPA A/S
  • Share capital changed from 125,000 DKK to 500,000 DKK
  • Horst Kirchner appointed director
  • Horst Kirchner appointed board member
  • Ole Lind Rasmussen appointed board member
  • Ole Lind Rasmussen stepped down as director
  • Duncan James Hooper stepped down as director
20038 changesname 1 · address 1 · industry 1 · management 4 · founded 1
  • Name changed from ApS KBUS 38 NR. 5290 to EURO PARTNER ApS
  • Moved to Elvej 3, Hjallese, 5260 Odense S
  • Industry changed to Anden virksomhedsrådgivning (741490)
  • Ole Lind Rasmussen appointed director
  • Duncan James Hooper appointed director
  • Kim Madsen stepped down as ceo
  • Registered as ApS KBUS 38 NR. 5290
  • Kim Madsen appointed ceo

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Same people in management

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Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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