Vinkelgård Agro ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vinkelgård Agro ApS
Vinkelgård Agro ApS (CVR number: 40367497) is a company from SKIVE. The company recorded a gross profit of -320.1 kDKK in 2023. The operating profit was -320.1 kDKK, while net earnings were 165.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Vinkelgård Agro ApS's liquidity measured by quick ratio was 1.9 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 | -10.67 | -37.00 | - 445.55 | - 254.58 | - 320.14 |
EBIT | -10.67 | -37.00 | - 445.55 | - 254.58 | - 320.14 |
Net earnings | -74.55 | 3 165.81 | 20 487.69 | 755 362.62 | 165.91 |
Shareholders equity total | 5 425.45 | 8 591.25 | 29 078.95 | 204 078.81 | 146 244.72 |
Balance sheet total (assets) | 15 583.59 | 22 658.93 | 41 164.45 | 208 669.24 | 148 854.39 |
Net debt | 9 110.34 | 10 611.72 | 11 551.43 | -4 363.91 | -2 455.15 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.5 % | 19.8 % | 65.5 % | 605.4 % | 0.2 % |
ROE | -1.4 % | 45.2 % | 108.8 % | 647.9 % | 0.1 % |
ROI | -0.5 % | 20.1 % | 65.8 % | 605.7 % | 0.2 % |
Economic value added (EVA) | -8.67 | 480.99 | 552.81 | 1 366.89 | -10 259.01 |
Solvency | |||||
Equity ratio | 34.8 % | 37.9 % | 70.6 % | 97.8 % | 98.2 % |
Gearing | 167.9 % | 127.6 % | 39.8 % | 2.1 % | 1.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.7 | 0.1 | 14.1 | 1.9 |
Current ratio | 0.2 | 1.1 | 0.1 | 14.1 | 1.9 |
Cash and cash equivalents | 349.47 | 12.94 | 8 615.49 | 4 930.64 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
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