Økoland A/S — Credit Rating and Financial Key Figures

CVR number: 39603136
Rørmosevej 82, 3200 Helsinge

Credit rating

Company information

Official name
Økoland A/S
Personnel
4 persons
Established
2018
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About Økoland A/S

Økoland A/S (CVR number: 39603136) is a company from GRIBSKOV. The company recorded a gross profit of -749.3 kDKK in 2023. The operating profit was -1026.1 kDKK, while net earnings were -1130.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.3 %, which can be considered poor and Return on Equity (ROE) was -32.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Økoland A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit834.56-1 624.50-1 705.95271.22- 749.34
EBIT832.27-1 633.80-1 813.24- 204.31-1 026.12
Net earnings624.68-1 329.87-1 708.74- 295.58-1 130.87
Shareholders equity total1 114.20784.34- 924.40-1 219.98-2 350.86
Balance sheet total (assets)5 543.478 054.217 793.464 175.452 731.76
Net debt2 309.435 098.395 770.103 803.173 321.52
Profitability
EBIT-%
ROA24.8 %-24.0 %-21.6 %-2.9 %-19.3 %
ROE77.9 %-140.1 %-39.8 %-4.9 %-32.7 %
ROI30.7 %-32.1 %-31.0 %-4.2 %-28.1 %
Economic value added (EVA)624.58-1 306.28-1 666.09- 156.95- 964.66
Solvency
Equity ratio20.1 %9.7 %-10.6 %-22.6 %-46.3 %
Gearing250.3 %654.3 %-626.2 %-312.0 %-144.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.50.30.4
Current ratio1.31.10.90.80.5
Cash and cash equivalents479.1333.8718.093.0883.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-19.3%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-46.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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