Østergaard Thorup Agro Aps — Credit Rating and Financial Key Figures

CVR number: 42729000
V Thorupvej 19, 9330 Dronninglund

Credit rating

Company information

Official name
Østergaard Thorup Agro Aps
Established
2021
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About Østergaard Thorup Agro Aps

Østergaard Thorup Agro Aps (CVR number: 42729000) is a company from Brønderslev. The company recorded a gross profit of 3583.8 kDKK in 2023. The operating profit was 3493.5 kDKK, while net earnings were 2664.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.3 %, 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. Østergaard Thorup Agro Aps's liquidity measured by quick ratio was 1.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit11 812.113 583.76
EBIT11 812.113 493.46
Net earnings9 381.112 664.11
Shareholders equity total9 421.1112 026.32
Balance sheet total (assets)17 591.1319 946.95
Net debt2 091.74-2 419.66
Profitability
EBIT-%
ROA67.1 %18.6 %
ROE99.6 %24.8 %
ROI86.3 %25.0 %
Economic value added (EVA)9 458.332 346.91
Solvency
Equity ratio53.6 %60.3 %
Gearing22.2 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.9
Current ratio2.93.1
Cash and cash equivalents2 640.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBA

Variable visualization

ROA:18.6%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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