Erhvervsinvest Farmland K/S — Credit Rating and Financial Key Figures

CVR number: 35405372
Jægersborg Alle 4, 2920 Charlottenlund

Credit rating

Company information

Official name
Erhvervsinvest Farmland K/S
Personnel
1 person
Established
2013
Company form
Limited partnership
Industry

About Erhvervsinvest Farmland K/S

Erhvervsinvest Farmland K/S (CVR number: 35405372) is a company from GENTOFTE. The company reported a net sales of -1.2 mDKK in 2023. The operating profit percentage was poor at 0 % (EBIT: -15.8 mDKK), while net earnings were 7224.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Erhvervsinvest Farmland K/S'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-1 157.68
Gross profit-4 381.00-6 110.00-4.86-5 733.14-15 799.97
EBIT-4 381.00-6 110.00-4.86-5 733.14-15 799.97
Net earnings16 587.0032 475.0022.7957 122.277 224.46
Shareholders equity total636 827.00631 052.00656.84699 814.22623 438.68
Balance sheet total (assets)637 063.00631 267.00664.17710 219.73632 857.12
Net debt38.00-1 114.00-2.12-1 650.04-3 052.94
Profitability
EBIT-%
ROA4.7 %5.1 %0.0 %3.2 %1.1 %
ROE2.7 %5.1 %0.0 %16.3 %1.1 %
ROI4.7 %5.1 %0.0 %3.2 %1.1 %
Economic value added (EVA)-32 987.97-37 864.99-28 998.21-5 761.86-42 528.83
Solvency
Equity ratio100.0 %100.0 %98.9 %98.5 %98.5 %
Gearing0.0 %0.1 %
Relative net indebtedness %-503.1 %
Liquidity
Quick ratio51.028.230.545.90.4
Current ratio51.028.230.545.90.4
Cash and cash equivalents1 114.002.121 650.043 593.77
Capital use efficiency
Trade debtors turnover (days)-3.8
Net working capital %501.0 %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:1.08%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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