DK-LATVIA FARMING A/S — Credit Rating and Financial Key Figures

CVR number: 10078350
Tingskovparken 9, 8310 Tranbjerg J

Company information

Official name
DK-LATVIA FARMING A/S
Personnel
1 person
Established
2001
Company form
Limited company
Industry

About DK-LATVIA FARMING A/S

DK-LATVIA FARMING A/S (CVR number: 10078350) is a company from AARHUS. The company recorded a gross profit of 65.2 kDKK in 2024. The operating profit was 62.8 kDKK, while net earnings were 7452.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.4 %, which can be considered excellent and Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DK-LATVIA FARMING A/S's liquidity measured by quick ratio was 17.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit138.47346.94281.04- 785.9565.15
EBIT- 169.0328.73-34.18- 785.9562.82
Net earnings7 636.202 641.2119 572.7410 247.957 452.70
Shareholders equity total41 099.6943 723.7059 962.2418 569.3326 036.92
Balance sheet total (assets)55 712.1558 573.3367 628.4728 758.5726 345.47
Net debt13 345.6613 257.314 924.57-2 683.30-3 246.35
Profitability
EBIT-%
ROA16.2 %5.1 %31.6 %21.5 %28.4 %
ROE20.5 %6.2 %37.8 %26.1 %33.4 %
ROI16.5 %5.2 %31.9 %24.2 %35.1 %
Economic value added (EVA)-2 408.35-2 734.60-2 943.34-4 158.57- 878.90
Solvency
Equity ratio90.9 %91.3 %88.7 %64.6 %98.8 %
Gearing33.8 %32.4 %11.9 %
Relative net indebtedness %
Liquidity
Quick ratio14.516.01.41.117.5
Current ratio14.516.01.41.117.5
Cash and cash equivalents546.63912.822 230.112 683.303 246.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:28.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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