LAT-AGRO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 355.44 | 651.37 | 2 292.28 | 6 202.14 | 1 182.68 |
Gross profit | 341.14 | 636.97 | 2 273.57 | 6 186.44 | 1 165.55 |
EBIT | 341.14 | 636.97 | 2 273.57 | 6 186.44 | 1 165.55 |
Net earnings | 341.12 | 636.94 | 2 277.77 | 6 219.67 | 1 203.37 |
Shareholders equity total | 7 295.47 | 7 929.64 | 8 687.45 | 14 925.28 | 16 142.43 |
Balance sheet total (assets) | 7 363.10 | 8 011.27 | 8 784.07 | 14 990.34 | 16 226.49 |
Net debt | 47.34 | 61.80 | - 469.12 | -4.43 | -43.34 |
Profitability | |||||
EBIT-% | 96.0 % | 97.8 % | 99.2 % | 99.7 % | 98.6 % |
ROA | 4.7 % | 8.3 % | 27.1 % | 52.3 % | 7.7 % |
ROE | 4.8 % | 8.4 % | 27.4 % | 52.7 % | 7.7 % |
ROI | 4.8 % | 8.3 % | 27.2 % | 52.5 % | 7.7 % |
Economic value added (EVA) | -11.45 | 267.93 | 1 871.96 | 5 746.00 | 415.55 |
Solvency | |||||
Equity ratio | 99.1 % | 99.0 % | 98.9 % | 99.6 % | 99.5 % |
Gearing | 0.7 % | 0.8 % | 0.9 % | ||
Relative net indebtedness % | 18.7 % | 12.4 % | -19.6 % | 1.0 % | 3.4 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.0 | 5.7 | 8.2 | 6.8 |
Current ratio | 0.1 | 0.0 | 5.7 | 8.2 | 6.8 |
Cash and cash equivalents | 1.16 | 0.70 | 546.62 | 4.43 | 43.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -17.8 % | -11.9 % | 19.7 % | 7.6 % | 41.4 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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