DANISH AGRO FINANCE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANISH AGRO FINANCE A/S
DANISH AGRO FINANCE A/S (CVR number: 34486816) is a company from FAXE. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -13.3 mDKK, while net earnings were 231.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20.2 %, 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. DANISH AGRO FINANCE A/S's liquidity measured by quick ratio was 1.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -7 157.00 | -6 373.00 | -12 999.00 | -10 928.00 | -13 316.00 |
Net earnings | 106 770.00 | 110 204.00 | 138 200.00 | 199 451.00 | 231 698.00 |
Shareholders equity total | 1 787 212.00 | 1 900 820.00 | 2 290 356.00 | 2 496 226.00 | 2 525 158.00 |
Balance sheet total (assets) | 8 158 201.00 | 9 050 929.00 | 10 687 629.00 | 11 342 988.00 | 12 487 028.00 |
Net debt | 8 720 250.00 | 9 876 539.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | -0.1 % | -0.1 % | 6.1 % | 6.2 % |
ROE | 6.2 % | 6.0 % | 6.6 % | 8.3 % | 9.2 % |
ROI | -0.1 % | -0.1 % | -0.1 % | 6.1 % | 6.2 % |
Economic value added (EVA) | -66 649.38 | -96 180.40 | - 108 515.21 | - 123 602.46 | - 370 929.60 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 22.0 % | 20.2 % |
Gearing | 351.3 % | 391.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 1.4 | |||
Current ratio | 2.8 | 1.4 | |||
Cash and cash equivalents | 48 018.00 | 3 116.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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