Frandsbjerg Agro A/S — Credit Rating and Financial Key Figures

CVR number: 39972239
Hobrovej 4 A, 9550 Mariager

Credit rating

Company information

Official name
Frandsbjerg Agro A/S
Personnel
21 persons
Established
2018
Company form
Limited company
Industry

About Frandsbjerg Agro A/S

Frandsbjerg Agro A/S (CVR number: 39972239) is a company from MARIAGERFJORD. The company recorded a gross profit of 4207.4 kDKK in 2022. The operating profit was -2711.5 kDKK, while net earnings were -4151.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.5 %, 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. Frandsbjerg Agro A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit332.31610.44674.50811.664 207.41
EBIT211.70336.23379.55423.58-2 711.54
Net earnings-35.3328.1842.5283.53-4 151.41
Shareholders equity total2 964.672 992.853 035.373 118.9043 929.69
Balance sheet total (assets)31 441.3034 969.4837 628.0948 398.81172 487.98
Net debt28 403.1331 992.7933 985.7538 518.32107 065.92
Profitability
EBIT-%
ROA0.7 %1.0 %1.0 %1.0 %-1.5 %
ROE-1.2 %0.9 %1.4 %2.7 %-17.6 %
ROI0.7 %1.0 %1.1 %1.0 %-1.5 %
Economic value added (EVA)195.57- 141.82-1 217.39-1 217.31-3 631.48
Solvency
Equity ratio9.4 %8.6 %8.1 %6.4 %25.5 %
Gearing958.1 %1069.0 %1119.7 %1440.0 %244.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.80.8
Current ratio0.00.00.10.82.8
Cash and cash equivalents6 394.66210.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.46%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.5%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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