AGRO BAG A/S

AGRO BAG A/S (CVR number: 18372681) is a company from KØGE. The company recorded a gross profit of -574.9 kDKK in 2023. The operating profit was -636.1 kDKK, while net earnings were -534.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.1 %, which can be considered poor and Return on Equity (ROE) was -44.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.2 %, 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. AGRO BAG A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.