Jutland Hydroponics ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Jutland Hydroponics ApS
Jutland Hydroponics ApS (CVR number: 41620307) is a company from VARDE. The company recorded a gross profit of -32.3 kDKK in 2024. The operating profit was -32.3 kDKK, while net earnings were -39 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -68.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Jutland Hydroponics ApS's liquidity measured by quick ratio was 4.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -54.94 | -58.21 | -10.00 | -32.30 |
EBIT | -72.36 | -98.55 | - 221.91 | -32.30 |
Net earnings | -74.10 | -98.77 | - 221.84 | -39.04 |
Shareholders equity total | -34.10 | - 132.86 | - 354.70 | 39.48 |
Balance sheet total (assets) | 954.25 | 1 055.24 | 74.40 | 51.27 |
Net debt | 931.85 | 1 129.44 | 343.82 | -48.77 |
Profitability | ||||
EBIT-% | ||||
ROA | -7.3 % | -9.1 % | -27.3 % | -13.4 % |
ROE | -7.8 % | -9.8 % | -39.3 % | -68.6 % |
ROI | -7.4 % | -9.2 % | -27.8 % | -14.1 % |
Economic value added (EVA) | -72.36 | -94.82 | - 212.96 | -10.86 |
Solvency | ||||
Equity ratio | -3.4 % | -11.2 % | -82.7 % | 77.0 % |
Gearing | -2850.3 % | -884.2 % | -117.2 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.1 | 0.0 | 0.2 | 4.3 |
Current ratio | 0.1 | 0.0 | 0.2 | 4.3 |
Cash and cash equivalents | 40.00 | 45.33 | 71.90 | 48.77 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | B | BB |
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