AGRIFARM INNOVATION ApS — Credit Rating and Financial Key Figures

CVR number: 35479791
Busbjergvej 61, 8850 Bjerringbro

Credit rating

Company information

Official name
AGRIFARM INNOVATION ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About AGRIFARM INNOVATION ApS

AGRIFARM INNOVATION ApS (CVR number: 35479791) is a company from VIBORG. The company recorded a gross profit of 1510.4 kDKK in 2021. The operating profit was 1189.3 kDKK, while net earnings were 543.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -7.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AGRIFARM INNOVATION ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit19.56-1 003.00- 508.00158.001 510.36
EBIT- 473.60-1 315.00- 902.00- 164.001 189.28
Net earnings- 576.94-1 099.00-1 222.00- 404.00543.44
Shareholders equity total- 385.86-1 484.00-1 207.00-1 611.00-1 067.79
Balance sheet total (assets)11 819.0513 310.0012 774.0013 691.0013 932.30
Net debt7 374.569 073.008 566.0010 105.0011 239.63
Profitability
EBIT-%
ROA-4.7 %-9.7 %-6.3 %-1.1 %7.8 %
ROE-9.6 %-8.7 %-9.4 %-3.1 %3.9 %
ROI-7.0 %-13.5 %-8.4 %-1.4 %9.3 %
Economic value added (EVA)- 304.50- 606.39- 222.18424.741 612.66
Solvency
Equity ratio-3.2 %-10.0 %-8.6 %-10.5 %-7.1 %
Gearing-1911.2 %-611.5 %-709.9 %-627.4 %-1052.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.30.10.00.0
Current ratio0.60.30.10.00.0
Cash and cash equivalents2.002.002.000.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.85%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-7.12%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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