KULTURTEK (AGRO) ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KULTURTEK (AGRO) ApS
KULTURTEK (AGRO) ApS (CVR number: 87620018) is a company from RUDERSDAL. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -78.6 % compared to the previous year. The operating profit percentage was poor at -58.2 % (EBIT: -0.1 mDKK), while net earnings were 503.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.3 %, 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. KULTURTEK (AGRO) ApS's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 828.72 | 316.46 | 311.60 | 660.71 | 141.50 |
Gross profit | 579.60 | 48.82 | 121.26 | 448.67 | 7.83 |
EBIT | -14.17 | - 186.03 | -80.88 | 183.13 | -82.33 |
Net earnings | 3.37 | 4.41 | 339.70 | 664.44 | 503.80 |
Shareholders equity total | 3 148.82 | 3 053.23 | 3 292.93 | 3 949.80 | 4 353.60 |
Balance sheet total (assets) | 5 872.96 | 5 474.37 | 6 726.22 | 7 412.26 | 5 781.84 |
Net debt | -1 436.05 | 1 349.37 | 3 216.08 | 1 847.47 | 1 305.49 |
Profitability | |||||
EBIT-% | -1.7 % | -58.8 % | -26.0 % | 27.7 % | -58.2 % |
ROA | 0.2 % | 0.2 % | 7.2 % | 10.7 % | 8.1 % |
ROE | 0.1 % | 0.1 % | 10.7 % | 18.3 % | 12.1 % |
ROI | 0.4 % | 0.3 % | 7.4 % | 11.3 % | 8.5 % |
Economic value added (EVA) | -32.44 | - 178.24 | - 134.06 | 38.22 | - 180.04 |
Solvency | |||||
Equity ratio | 53.6 % | 55.8 % | 49.0 % | 53.3 % | 75.3 % |
Gearing | 6.8 % | 75.7 % | 100.1 % | 73.6 % | 30.1 % |
Relative net indebtedness % | 129.6 % | 461.5 % | 1076.4 % | 336.7 % | 981.8 % |
Liquidity | |||||
Quick ratio | 1.9 | 2.0 | 1.7 | 1.8 | 3.0 |
Current ratio | 1.9 | 2.0 | 1.7 | 1.8 | 3.0 |
Cash and cash equivalents | 1 650.33 | 960.75 | 79.33 | 1 058.94 | 5.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 295.5 % | 735.6 % | 773.3 % | 422.4 % | 1980.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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