MBN Landbrug ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MBN Landbrug ApS
MBN Landbrug ApS (CVR number: 38475657) is a company from RANDERS. The company recorded a gross profit of -3 kDKK in 2023. The operating profit was -3 kDKK, while net earnings were -3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, which can be considered poor and Return on Equity (ROE) was -12.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. MBN Landbrug ApS's liquidity measured by quick ratio was 2.7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 60.97 | 7.68 | -16.36 | -30.19 | -3.04 |
EBIT | 60.97 | 7.68 | -16.36 | -30.19 | -3.04 |
Net earnings | 47.29 | 6.00 | -31.83 | -30.84 | -3.08 |
Shareholders equity total | 82.72 | 88.72 | 56.88 | 26.05 | 22.97 |
Balance sheet total (assets) | 1 765.57 | 250.57 | 125.67 | 35.72 | 36.81 |
Net debt | - 569.02 | - 137.16 | -28.89 | 9.17 | 13.84 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.1 % | 0.8 % | -8.7 % | -37.4 % | -8.4 % |
ROE | 80.1 % | 7.0 % | -43.7 % | -74.4 % | -12.5 % |
ROI | 95.3 % | 9.0 % | -15.3 % | -37.4 % | -8.4 % |
Economic value added (EVA) | 49.47 | 30.43 | -13.93 | -28.14 | -4.32 |
Solvency | |||||
Equity ratio | 4.7 % | 35.4 % | 45.3 % | 72.9 % | 62.4 % |
Gearing | 120.9 % | 37.2 % | 60.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.5 | 1.8 | 3.7 | 2.7 |
Current ratio | 1.0 | 1.5 | 1.8 | 3.7 | 2.7 |
Cash and cash equivalents | 569.02 | 137.16 | 97.67 | 0.51 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
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