HØRSTED AGRO A/S

CVR number: 36058579
Hørstedvej 19, Hørsted 7752 Snedsted

Credit rating

Company information

Official name
HØRSTED AGRO A/S
Personnel
3 persons
Established
2014
Domicile
Hørsted
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About HØRSTED AGRO A/S

HØRSTED AGRO A/S (CVR number: 36058579) is a company from THISTED. The company recorded a gross profit of 3867.9 kDKK in 2023. The operating profit was 1171.7 kDKK, while net earnings were -513 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HØRSTED AGRO A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 768.252 066.111 850.933 544.523 867.95
EBIT782.331 032.48397.811 780.701 171.66
Net earnings286.53525.5417.98769.52- 512.99
Shareholders equity total3 675.034 200.574 218.564 988.084 475.09
Balance sheet total (assets)30 188.9930 084.1931 003.5655 987.6653 470.60
Net debt24 241.7023 464.3923 795.3547 101.8646 252.16
Profitability
EBIT-%
ROA2.6 %3.4 %1.3 %4.1 %2.2 %
ROE8.1 %13.3 %0.4 %16.7 %-10.8 %
ROI2.7 %3.5 %1.3 %4.2 %2.2 %
Economic value added (EVA)- 658.93- 292.84- 797.18305.66- 922.56
Solvency
Equity ratio18.1 %19.9 %19.4 %25.0 %25.2 %
Gearing659.6 %558.6 %564.1 %944.9 %1034.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.50.80.6
Current ratio0.80.90.71.10.9
Cash and cash equivalents30.0060.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:2.17%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.2%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.