Ørskov Agro ApS — Credit Rating and Financial Key Figures

CVR number: 19559289
Grøndal 13, Borris 6900 Skjern

Credit rating

Company information

Official name
Ørskov Agro ApS
Personnel
17 persons
Established
1996
Domicile
Borris
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About Ørskov Agro ApS

Ørskov Agro ApS (CVR number: 19559289) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 16.1 mDKK in 2023. The operating profit was 5590.1 kDKK, while net earnings were 793.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. Ørskov Agro ApS's liquidity measured by quick ratio was 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 290.8410 118.3611 371.3922 848.3316 051.36
EBIT1 565.943 763.913 714.2112 738.145 590.08
Net earnings639.292 269.883 391.189 047.83793.60
Shareholders equity total31 443.1633 713.0437 104.2345 972.0546 765.65
Balance sheet total (assets)116 542.57117 483.64144 552.92165 050.98168 475.30
Net debt74 610.5371 103.4787 398.8496 385.74104 628.56
Profitability
EBIT-%
ROA1.5 %3.3 %3.0 %8.5 %3.7 %
ROE2.1 %7.0 %9.6 %21.8 %1.7 %
ROI1.6 %3.5 %3.2 %9.0 %3.8 %
Economic value added (EVA)-3 328.13-1 528.5350.905 059.73-1 720.64
Solvency
Equity ratio27.0 %28.7 %25.7 %27.9 %27.8 %
Gearing238.3 %211.8 %238.8 %211.5 %224.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.30.50.60.4
Current ratio1.21.01.11.21.0
Cash and cash equivalents321.42289.111 219.89854.79190.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:3.67%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.8%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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