Easy-AgriCare A/S — Credit Rating and Financial Key Figures

CVR number: 28150636
Østermøllevej 32, Fredsø 7900 Nykøbing M

Company information

Official name
Easy-AgriCare A/S
Personnel
20 persons
Established
2004
Domicile
Fredsø
Company form
Limited company
Industry

About Easy-AgriCare A/S

Easy-AgriCare A/S (CVR number: 28150636) is a company from MORSØ. The company recorded a gross profit of 22.6 mDKK in 2022. The operating profit was 12.3 mDKK, while net earnings were 9970.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 75.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Easy-AgriCare A/S's liquidity measured by quick ratio was 0.5 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit3 865.298 779.5310 467.099 092.8122 598.78
EBIT1 208.951 658.632 737.44426.9212 338.96
Net earnings881.151 169.242 665.68153.889 970.18
Shareholders equity total5 739.068 824.9910 490.678 144.5418 114.73
Balance sheet total (assets)11 654.7119 112.7538 797.1845 256.19100 476.92
Net debt1 675.995 215.9421 618.0828 336.0862 431.36
Profitability
EBIT-%
ROA10.4 %10.8 %11.8 %1.6 %19.4 %
ROE15.2 %16.1 %27.6 %1.7 %75.9 %
ROI14.5 %14.3 %14.1 %1.8 %22.3 %
Economic value added (EVA)613.15973.631 458.41- 162.059 095.11
Solvency
Equity ratio49.2 %46.2 %27.0 %18.0 %18.0 %
Gearing29.7 %59.5 %210.4 %348.0 %345.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.51.20.5
Current ratio1.10.90.71.40.5
Cash and cash equivalents27.0336.75457.135.8055.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.0%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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