TOFTHØJ AGRO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TOFTHØJ AGRO A/S
TOFTHØJ AGRO A/S (CVR number: 10064945) is a company from VEJLE. The company recorded a gross profit of 40.6 kDKK in 2023. The operating profit was -219.8 kDKK, while net earnings were 7947.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TOFTHØJ AGRO A/S's liquidity measured by quick ratio was 67.8 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 | - 721.90 | - 343.77 | - 152.73 | -70.97 | 40.56 |
EBIT | - 891.17 | - 333.32 | - 456.42 | - 311.31 | - 219.77 |
Net earnings | 4 123.60 | -23 744.19 | 4 662.84 | -9 151.38 | 7 947.17 |
Shareholders equity total | 130 053.04 | 106 308.85 | 110 971.69 | 101 505.71 | 109 128.93 |
Balance sheet total (assets) | 137 238.37 | 112 925.33 | 113 174.73 | 102 859.56 | 110 233.68 |
Net debt | -70 045.01 | -64 870.19 | -72 005.64 | -58 082.89 | -63 323.80 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | 2.3 % | 5.8 % | 1.9 % | 7.6 % |
ROE | 2.0 % | -20.1 % | 4.3 % | -8.6 % | 7.5 % |
ROI | 2.4 % | 2.2 % | 5.7 % | 1.6 % | 7.5 % |
Economic value added (EVA) | -1 919.07 | -2 252.74 | -1 366.13 | -1 430.75 | -1 601.09 |
Solvency | |||||
Equity ratio | 94.8 % | 94.1 % | 98.1 % | 98.7 % | 99.0 % |
Gearing | 5.2 % | 5.8 % | 1.5 % | 0.9 % | 0.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 11.6 | 11.8 | 36.1 | 49.7 | 67.8 |
Current ratio | 11.6 | 11.8 | 36.1 | 49.7 | 67.8 |
Cash and cash equivalents | 76 812.71 | 71 044.13 | 73 625.66 | 58 947.93 | 64 156.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AA | A | AA |
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