KULTURTEK (AGRO) ApS — Credit Rating and Financial Key Figures

CVR number: 87620018
Søllerødvej 66, Søllerød 2840 Holte
tel: 22291966

Company information

Official name
KULTURTEK (AGRO) ApS
Personnel
1 person
Established
1977
Domicile
Søllerød
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales828.72316.46311.60660.71141.50
Gross profit579.6048.82121.26448.677.83
EBIT-14.17- 186.03-80.88183.13-82.33
Net earnings3.374.41339.70664.44503.80
Shareholders equity total3 148.823 053.233 292.933 949.804 353.60
Balance sheet total (assets)5 872.965 474.376 726.227 412.265 781.84
Net debt-1 436.051 349.373 216.081 847.471 305.49
Profitability
EBIT-%-1.7 %-58.8 %-26.0 %27.7 %-58.2 %
ROA0.2 %0.2 %7.2 %10.7 %8.1 %
ROE0.1 %0.1 %10.7 %18.3 %12.1 %
ROI0.4 %0.3 %7.4 %11.3 %8.5 %
Economic value added (EVA)-32.44- 178.24- 134.0638.22- 180.04
Solvency
Equity ratio53.6 %55.8 %49.0 %53.3 %75.3 %
Gearing6.8 %75.7 %100.1 %73.6 %30.1 %
Relative net indebtedness %129.6 %461.5 %1076.4 %336.7 %981.8 %
Liquidity
Quick ratio1.92.01.71.83.0
Current ratio1.92.01.71.83.0
Cash and cash equivalents1 650.33960.7579.331 058.945.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %295.5 %735.6 %773.3 %422.4 %1980.5 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:8.10%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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