GRØNLYKKE LANDBRUG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRØNLYKKE LANDBRUG ApS
GRØNLYKKE LANDBRUG ApS (CVR number: 25078527) is a company from ASSENS. The company recorded a gross profit of -275.9 kDKK in 2023. The operating profit was -2712.6 kDKK, while net earnings were 2411.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 63.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GRØNLYKKE LANDBRUG ApS's liquidity measured by quick ratio was 24.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 845.08 | - 632.33 | - 295.02 | 976.37 | - 275.93 |
EBIT | -1 928.48 | -2 373.82 | -2 332.19 | -1 864.86 | -2 712.64 |
Net earnings | 5 642.72 | 613.44 | 7 510.16 | -4 003.37 | 2 411.22 |
Shareholders equity total | 111 052.35 | 111 666.69 | 119 176.85 | 114 891.32 | 116 142.73 |
Balance sheet total (assets) | 142 788.11 | 153 653.63 | 168 096.24 | 167 500.72 | 182 983.66 |
Net debt | 31 570.83 | 41 394.72 | 48 121.65 | 45 567.22 | 51 911.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.4 % | 0.8 % | 5.1 % | -2.4 % | 1.9 % |
ROE | 5.2 % | 0.6 % | 6.5 % | -3.4 % | 2.1 % |
ROI | 1.4 % | 0.8 % | 5.1 % | -2.4 % | 1.9 % |
Economic value added (EVA) | -4 802.73 | -7 091.18 | -7 428.32 | -4 694.07 | -5 839.68 |
Solvency | |||||
Equity ratio | 77.8 % | 72.7 % | 70.9 % | 68.6 % | 63.5 % |
Gearing | 28.5 % | 37.4 % | 40.8 % | 44.1 % | 57.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 22.2 | 37.1 | 31.5 | 14.3 | 24.1 |
Current ratio | 23.1 | 38.6 | 32.8 | 14.7 | 24.9 |
Cash and cash equivalents | 47.41 | 418.63 | 451.92 | 5 052.50 | 14 432.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
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