Corteva Agriscience Denmark A/S

CVR number: 12938241
Langebrogade 3 H, 1411 København K
tel: 45280801

Credit rating

Company information

Official name
Corteva Agriscience Denmark A/S
Personnel
25 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Corteva Agriscience Denmark A/S

Corteva Agriscience Denmark A/S (CVR number: 12938241) is a company from KØBENHAVN. The company reported a net sales of 753.8 mDKK in 2023, demonstrating a growth of 19.2 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 25.2 mDKK), while net earnings were 21 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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. Corteva Agriscience Denmark A/S's liquidity measured by quick ratio was 4.2 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales323.01389.70497.66632.16753.84
Gross profit51.5350.3149.3864.2575.63
EBIT1.5220.1216.4524.5425.20
Net earnings1.2821.2113.0219.3121.01
Shareholders equity total176.06197.28210.30260.86212.37
Balance sheet total (assets)213.69245.79282.53327.44279.07
Net debt-26.653.65
Profitability
EBIT-%0.5 %5.2 %3.3 %3.9 %3.3 %
ROA0.6 %8.8 %6.2 %8.9 %10.5 %
ROE0.7 %11.4 %6.4 %8.2 %8.9 %
ROI0.6 %8.8 %6.2 %10.0 %12.9 %
Economic value added (EVA)-7.2711.276.537.298.82
Solvency
Equity ratio100.0 %100.0 %100.0 %79.7 %76.1 %
Gearing0.7 %9.0 %
Relative net indebtedness %6.0 %6.8 %
Liquidity
Quick ratio4.94.2
Current ratio4.94.2
Cash and cash equivalents28.3815.41
Capital use efficiency
Trade debtors turnover (days)27.362.8
Net working capital %41.2 %28.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.1%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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