Danish Agro Maskiner A/S — Credit Rating and Financial Key Figures

CVR number: 75297319
Vesterballevej 19, Snoghøj 7000 Fredericia
tel: 43438211

Credit rating

Company information

Official name
Danish Agro Maskiner A/S
Personnel
25 persons
Established
1984
Domicile
Snoghøj
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Danish Agro Maskiner A/S

Danish Agro Maskiner A/S (CVR number: 75297319) is a company from FREDERICIA. The company reported a net sales of 680.9 mDKK in 2023. The operating profit percentage was at 5.2 % (EBIT: 35.4 mDKK), while net earnings were 25.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.1 %, 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. Danish Agro Maskiner A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales680 889.00
Gross profit39 566.0041 772.0046 675.0052 882.0055 368.00
EBIT23 324.0023 648.0027 406.0033 476.0035 400.00
Net earnings17 181.0018 121.0020 809.0027 093.0025 574.00
Shareholders equity total58 999.0062 120.0067 929.0075 022.0075 596.00
Balance sheet total (assets)119 569.00142 410.00138 080.00284 173.00193 459.00
Net debt19 843.0019 060.0013 707.0021 269.0044 441.00
Profitability
EBIT-%5.2 %
ROA20.4 %18.2 %20.4 %16.6 %15.2 %
ROE29.7 %29.9 %32.0 %37.9 %34.0 %
ROI28.8 %25.9 %31.1 %35.0 %29.7 %
Economic value added (EVA)15 294.4015 428.0218 224.1222 653.3923 734.12
Solvency
Equity ratio49.3 %43.6 %49.2 %26.4 %39.1 %
Gearing33.7 %30.7 %20.2 %28.4 %58.8 %
Relative net indebtedness %15.1 %
Liquidity
Quick ratio1.61.31.71.20.9
Current ratio2.42.02.31.41.9
Cash and cash equivalents37.0032.0032.0034.0035.00
Capital use efficiency
Trade debtors turnover (days)4.3
Net working capital %12.9 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:15.2%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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