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FROMAGRO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FROMAGRO ApS
FROMAGRO ApS (CVR number: 32160816) is a company from STEVNS. The company recorded a gross profit of 43.8 kDKK in 2024. The operating profit was -26.8 kDKK, while net earnings were -21.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.3 %, which can be considered poor and Return on Equity (ROE) was -13.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FROMAGRO ApS's liquidity measured by quick ratio was 2.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 166.98 | 85.00 | 144.72 | 200.66 | 43.76 |
| EBIT | 60.30 | -85.17 | 31.15 | 72.55 | -26.79 |
| Net earnings | 55.00 | -85.44 | 30.87 | 68.28 | -21.29 |
| Shareholders equity total | 159.47 | 74.03 | 104.90 | 173.18 | 151.89 |
| Balance sheet total (assets) | 260.99 | 133.42 | 165.55 | 285.11 | 232.96 |
| Net debt | -83.62 | -81.49 | -98.98 | -19.92 | - 131.31 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 27.0 % | -43.2 % | 20.8 % | 32.2 % | -10.3 % |
| ROE | 41.7 % | -73.2 % | 34.5 % | 49.1 % | -13.1 % |
| ROI | 45.7 % | -73.0 % | 34.8 % | 44.2 % | -12.6 % |
| Economic value added (EVA) | 49.75 | -93.19 | 27.43 | 63.01 | -32.52 |
| Solvency | |||||
| Equity ratio | 61.1 % | 55.5 % | 63.4 % | 60.7 % | 65.2 % |
| Gearing | 29.0 % | 32.3 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 2.2 | 2.7 | 2.5 | 2.9 |
| Current ratio | 2.6 | 2.2 | 2.7 | 2.5 | 2.9 |
| Cash and cash equivalents | 83.62 | 81.49 | 98.98 | 70.13 | 180.39 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BBB |
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