HØRSTED AGRO A/S — Credit Rating and Financial Key Figures

CVR number: 36058579
Hørstedvej 19, Hørsted 7752 Snedsted

Company information

Official name
HØRSTED AGRO A/S
Personnel
3 persons
Established
2014
Domicile
Hørsted
Company form
Limited company
Industry

About HØRSTED AGRO A/S

HØRSTED AGRO A/S (CVR number: 36058579) is a company from THISTED. The company recorded a gross profit of 5230.2 kDKK in 2024. The operating profit was 2474.7 kDKK, while net earnings were 572.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.5 %, 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 0.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 066.111 850.933 544.523 867.955 230.18
EBIT1 032.48397.811 780.701 171.662 474.75
Net earnings525.5417.98769.52- 512.99572.58
Shareholders equity total4 200.574 218.564 988.084 475.095 047.67
Balance sheet total (assets)30 084.1931 003.5655 987.6653 470.6051 069.09
Net debt23 464.3923 795.3547 101.8646 252.1644 389.27
Profitability
EBIT-%
ROA3.4 %1.3 %4.1 %2.2 %4.8 %
ROE13.3 %0.4 %16.7 %-10.8 %12.0 %
ROI3.5 %1.3 %4.2 %2.3 %4.9 %
Economic value added (EVA)- 595.46-1 095.82-40.49-1 747.95153.39
Solvency
Equity ratio19.9 %19.4 %25.0 %25.2 %27.5 %
Gearing558.6 %564.1 %944.9 %1034.9 %880.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.80.60.3
Current ratio0.90.71.10.90.7
Cash and cash equivalents30.0060.0060.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:4.78%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.5%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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