Schmidt Agro ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Schmidt Agro ApS
Schmidt Agro ApS (CVR number: 43339362) is a company from BILLUND. The company recorded a gross profit of 10.8 mDKK in 2023. The operating profit was 8036.4 kDKK, while net earnings were 5377.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 27.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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. Schmidt Agro ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 11 203.05 | 10 829.97 |
EBIT | 8 788.53 | 8 036.41 |
Net earnings | 8 154.80 | 5 377.72 |
Shareholders equity total | 16 824.87 | 21 926.99 |
Balance sheet total (assets) | 57 672.53 | 65 773.39 |
Net debt | 32 008.28 | 30 328.37 |
Profitability | ||
EBIT-% | ||
ROA | 18.2 % | 13.1 % |
ROE | 48.5 % | 27.8 % |
ROI | 19.6 % | 14.0 % |
Economic value added (EVA) | 7 114.72 | 4 267.70 |
Solvency | ||
Equity ratio | 29.2 % | 33.3 % |
Gearing | 208.8 % | 159.3 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 1.0 | 1.5 |
Current ratio | 1.6 | 2.5 |
Cash and cash equivalents | 3 128.74 | 4 603.36 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | AA | AA |
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