Rævkær Landbrug ApS — Credit Rating and Financial Key Figures

CVR number: 42246727
Trendåvej 26, Hyllebjerg 9640 Farsø

Company information

Official name
Rævkær Landbrug ApS
Personnel
1 person
Established
2021
Domicile
Hyllebjerg
Company form
Private limited company
Industry

About Rævkær Landbrug ApS

Rævkær Landbrug ApS (CVR number: 42246727) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 781.6 kDKK in 2023. The operating profit was 381.7 kDKK, while net earnings were 110.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Rævkær Landbrug ApS's liquidity measured by quick ratio was 0.5 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
2021
2022
2023
Volume
Net sales
Gross profit1 628.94611.44781.64
EBIT43.15216.69381.67
Net earnings- 165.91226.59110.49
Shareholders equity total12 058.0312 209.6212 245.11
Balance sheet total (assets)24 101.8622 880.9822 494.40
Net debt9 291.659 531.069 277.23
Profitability
EBIT-%
ROA0.6 %2.5 %2.7 %
ROE-1.4 %1.9 %0.9 %
ROI0.7 %2.6 %2.8 %
Economic value added (EVA)30.63- 179.01- 643.99
Solvency
Equity ratio50.2 %53.4 %54.4 %
Gearing78.5 %79.1 %76.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.10.5
Current ratio0.50.10.5
Cash and cash equivalents176.21127.0072.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:2.73%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.4%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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