Refsgaard Agro ApS — Credit Rating and Financial Key Figures

Refsgaard Agro ApS (CVR number: 41472251) is a company from MARIAGERFJORD. The company recorded a gross profit of 6324.2 kDKK in 2023. The operating profit was 459 kDKK, while net earnings were -2234.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.3 %, 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. Refsgaard 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.