KIRK FARM A/S — Credit Rating and Financial Key Figures

CVR number: 34590699
Havneøen 1, 7100 Vejle
info@kirkkapital.dk
tel: 33445000

Credit rating

Company information

Official name
KIRK FARM A/S
Established
2012
Company form
Limited company
Industry

About KIRK FARM A/S

KIRK FARM A/S (CVR number: 34590699) is a company from VEJLE. The company recorded a gross profit of 123.8 kDKK in 2023. The operating profit was 123.8 kDKK, while net earnings were -111.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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. KIRK FARM A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit- 646.569.73-5.8595.49123.79
EBIT- 646.569.73-5.85- 848.12123.79
Net earnings- 547.75-64.85-78.13- 948.96- 111.70
Shareholders equity total2 942.152 744.082 900.862 884.822 676.27
Balance sheet total (assets)10 455.1510 279.9510 204.6811 042.5410 929.94
Net debt7 083.766 753.996 775.837 733.977 304.64
Profitability
EBIT-%
ROA-6.1 %0.1 %-0.1 %-8.0 %1.5 %
ROE-8.1 %-2.3 %-2.8 %-32.8 %-4.0 %
ROI-6.2 %0.1 %-0.1 %-8.2 %1.5 %
Economic value added (EVA)-1 041.08- 496.59- 492.76-1 340.68- 459.98
Solvency
Equity ratio28.1 %26.7 %28.4 %26.1 %24.5 %
Gearing240.8 %254.1 %240.6 %270.7 %303.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.50.60.90.7
Current ratio0.80.50.60.90.7
Cash and cash equivalents2.30219.82204.3276.11825.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.49%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.5%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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