AGROFARMER A/S
Credit rating
Company information
About AGROFARMER A/S
AGROFARMER A/S (CVR number: 31875730) is a company from HERNING. The company recorded a gross profit of 755 kDKK in 2023. The operating profit was -120.9 kDKK, while net earnings were 169.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.5 %, 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. AGROFARMER 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 735.00 | 830.00 | - 551.00 | 1 962.49 | 754.96 |
EBIT | -95.00 | 3.00 | -1 320.00 | 1 182.18 | - 120.88 |
Net earnings | 8.00 | 27.00 | -1 110.00 | 1 077.59 | 169.32 |
Shareholders equity total | 1 264.00 | 1 352.00 | 181.00 | 1 228.40 | 1 397.72 |
Balance sheet total (assets) | 26 624.00 | 22 677.00 | 24 737.00 | 16 236.33 | 11 122.99 |
Net debt | -13 347.00 | -14 618.00 | -3 218.00 | -8 146.85 | -5 733.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.5 % | 0.9 % | -5.2 % | 6.4 % | 1.6 % |
ROE | 0.6 % | 2.1 % | -144.8 % | 152.9 % | 12.9 % |
ROI | 12.4 % | 9.6 % | -69.0 % | 70.3 % | 8.8 % |
Economic value added (EVA) | 307.48 | 660.17 | - 400.65 | 1 207.13 | 303.04 |
Solvency | |||||
Equity ratio | 8.8 % | 10.8 % | 4.8 % | 14.8 % | 21.5 % |
Gearing | 79.9 % | 75.4 % | 555.8 % | 80.5 % | 70.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.0 | 1.3 | 1.2 |
Current ratio | 1.1 | 1.1 | 1.1 | 1.2 | 1.3 |
Cash and cash equivalents | 14 357.00 | 15 637.00 | 4 224.00 | 9 135.70 | 6 721.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | C | B | B |
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