LAT-AGRO A/S — Credit Rating and Financial Key Figures

CVR number: 26903424
Vissebakkegård 11, 9210 Aalborg SØ

Company information

Official name
LAT-AGRO A/S
Established
2002
Company form
Limited company
Industry

About LAT-AGRO A/S

LAT-AGRO A/S (CVR number: 26903424) is a company from AALBORG. The company reported a net sales of 1.2 mDKK in 2024, demonstrating a decline of -80.9 % compared to the previous year. The operating profit percentage was at 98.6 % (EBIT: 1.2 mDKK), while net earnings were 1203.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LAT-AGRO A/S's liquidity measured by quick ratio was 6.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales355.44651.372 292.286 202.141 182.68
Gross profit341.14636.972 273.576 186.441 165.55
EBIT341.14636.972 273.576 186.441 165.55
Net earnings341.12636.942 277.776 219.671 203.37
Shareholders equity total7 295.477 929.648 687.4514 925.2816 142.43
Balance sheet total (assets)7 363.108 011.278 784.0714 990.3416 226.49
Net debt47.3461.80- 469.12-4.43-43.34
Profitability
EBIT-%96.0 %97.8 %99.2 %99.7 %98.6 %
ROA4.7 %8.3 %27.1 %52.3 %7.7 %
ROE4.8 %8.4 %27.4 %52.7 %7.7 %
ROI4.8 %8.3 %27.2 %52.5 %7.7 %
Economic value added (EVA)-11.45267.931 871.965 746.00415.55
Solvency
Equity ratio99.1 %99.0 %98.9 %99.6 %99.5 %
Gearing0.7 %0.8 %0.9 %
Relative net indebtedness %18.7 %12.4 %-19.6 %1.0 %3.4 %
Liquidity
Quick ratio0.10.05.78.26.8
Current ratio0.10.05.78.26.8
Cash and cash equivalents1.160.70546.624.4343.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-17.8 %-11.9 %19.7 %7.6 %41.4 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.71%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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