VISSING AGRO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VISSING AGRO A/S
VISSING AGRO A/S (CVR number: 15526041) is a company from HORSENS. The company recorded a gross profit of 9580.1 kDKK in 2023. The operating profit was -2719.2 kDKK, while net earnings were -2319.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.1 %, which can be considered poor and Return on Equity (ROE) was -24.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VISSING AGRO 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22 941.00 | 22 032.00 | 18 873.00 | 13 701.00 | 9 580.05 |
EBIT | 3 622.00 | 4 955.00 | - 608.00 | -2 413.00 | -2 719.23 |
Net earnings | 2 590.00 | 3 616.00 | - 607.00 | -2 190.00 | -2 319.59 |
Shareholders equity total | 7 456.00 | 8 072.00 | 10 404.00 | 8 213.00 | 10 741.84 |
Balance sheet total (assets) | 25 830.00 | 25 570.00 | 30 734.00 | 21 743.00 | 19 248.81 |
Net debt | 9 126.00 | 5 030.00 | 6 947.00 | 7 502.00 | 2 144.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.5 % | 19.3 % | -1.9 % | -9.2 % | -13.1 % |
ROE | 42.0 % | 46.6 % | -6.6 % | -23.5 % | -24.5 % |
ROI | 13.8 % | 32.0 % | -3.3 % | -12.6 % | -16.0 % |
Economic value added (EVA) | 2 582.17 | 3 541.93 | - 881.44 | -2 393.90 | -2 548.64 |
Solvency | |||||
Equity ratio | 28.9 % | 31.6 % | 34.6 % | 37.8 % | 56.3 % |
Gearing | 139.3 % | 64.1 % | 71.8 % | 97.1 % | 22.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.8 | 0.3 | 0.7 |
Current ratio | 1.4 | 1.4 | 1.7 | 1.8 | 2.8 |
Cash and cash equivalents | 1 262.00 | 144.00 | 525.00 | 473.00 | 272.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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