Engelgaard Agro ApS — Credit Rating and Financial Key Figures

CVR number: 38722832
Engelgårdsvej 8, Laage 7100 Vejle
thomasballegaard@hotmail.com

Company information

Official name
Engelgaard Agro ApS
Personnel
24 persons
Established
2017
Domicile
Laage
Company form
Private limited company
Industry

About Engelgaard Agro ApS

Engelgaard Agro ApS (CVR number: 38722832) is a company from HEDENSTED. The company recorded a gross profit of 11 mDKK in 2023. The operating profit was 4885.1 kDKK, while net earnings were 1451.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30.2 %, 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. Engelgaard Agro ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10 662.0010 237.818 128.3612 943.3911 045.01
EBIT6 177.765 460.603 186.426 605.554 885.06
Net earnings4 572.154 619.492 135.113 990.741 451.13
Shareholders equity total15 543.5720 163.0629 780.0234 371.5536 269.68
Balance sheet total (assets)75 720.9386 434.7396 559.27119 984.86120 168.60
Net debt48 040.2454 850.2150 476.6369 379.8269 112.34
Profitability
EBIT-%
ROA9.1 %7.6 %3.8 %6.1 %4.3 %
ROE34.5 %25.9 %8.6 %12.4 %4.1 %
ROI9.8 %8.2 %4.1 %6.5 %4.5 %
Economic value added (EVA)1 634.741 255.80-1 662.85818.21-1 835.05
Solvency
Equity ratio20.5 %23.3 %30.8 %28.6 %30.2 %
Gearing321.3 %280.1 %175.8 %205.6 %198.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.40.20.4
Current ratio1.81.41.51.41.5
Cash and cash equivalents1 895.491 617.221 881.871 288.862 742.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.29%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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