AGCO DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AGCO DANMARK A/S
AGCO DANMARK A/S (CVR number: 66607615K) is a company from GLOSTRUP. The company reported a net sales of 796.4 mDKK in 2023, demonstrating a growth of 6.7 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 16.1 mDKK), while net earnings were -999 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.2 %, 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. AGCO DANMARK A/S's liquidity measured by quick ratio was 1.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 599.56 | 746.65 | 796.43 |
Gross profit | 61.03 | 84.13 | 70.42 |
EBIT | 9.78 | 28.04 | 16.14 |
Net earnings | 17.54 | 26.68 | -1.00 |
Shareholders equity total | 98.44 | 125.12 | 124.12 |
Balance sheet total (assets) | 208.50 | 258.71 | 308.61 |
Net debt | -29.08 | 0.12 | -59.30 |
Profitability | |||
EBIT-% | 1.6 % | 3.8 % | 2.0 % |
ROA | 11.1 % | 16.4 % | 8.2 % |
ROE | 17.8 % | 23.9 % | -0.8 % |
ROI | 21.7 % | 32.1 % | 17.3 % |
Economic value added (EVA) | 7.61 | 18.35 | 5.16 |
Solvency | |||
Equity ratio | 47.2 % | 48.4 % | 40.2 % |
Gearing | |||
Relative net indebtedness % | 13.5 % | 17.9 % | 15.7 % |
Liquidity | |||
Quick ratio | 1.1 | 1.3 | 1.2 |
Current ratio | 1.1 | 1.3 | 1.2 |
Cash and cash equivalents | 29.08 | -0.12 | 59.30 |
Capital use efficiency | |||
Trade debtors turnover (days) | 50.0 | 77.2 | 63.1 |
Net working capital % | 2.4 % | 5.4 % | 4.1 % |
Credit risk | |||
Credit rating | A | A | A |
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