AGROFARMER A/S — Credit Rating and Financial Key Figures

CVR number: 31875730
Enghavevej 36, 7550 Sørvad
gk@agrofarmer.dk
tel: 53810866

Company information

Official name
AGROFARMER A/S
Personnel
1 person
Established
2008
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit735.00830.00- 551.001 962.49754.96
EBIT-95.003.00-1 320.001 182.18- 120.88
Net earnings8.0027.00-1 110.001 077.59169.32
Shareholders equity total1 264.001 352.00181.001 228.401 397.72
Balance sheet total (assets)26 624.0022 677.0024 737.0016 236.3311 122.99
Net debt-13 347.00-14 618.00-3 218.00-8 146.85-5 733.08
Profitability
EBIT-%
ROA1.5 %0.9 %-5.2 %6.4 %1.6 %
ROE0.6 %2.1 %-144.8 %152.9 %12.9 %
ROI12.4 %9.6 %-69.0 %70.3 %8.8 %
Economic value added (EVA)307.48660.17- 400.651 207.13303.04
Solvency
Equity ratio8.8 %10.8 %4.8 %14.8 %21.5 %
Gearing79.9 %75.4 %555.8 %80.5 %70.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.01.31.2
Current ratio1.11.11.11.21.3
Cash and cash equivalents14 357.0015 637.004 224.009 135.706 721.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:1.59%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.5%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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