AGROFARM DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AGROFARM DENMARK A/S
AGROFARM DENMARK A/S (CVR number: 30816714) is a company from AARHUS. The company recorded a gross profit of -485.8 kDKK in 2023. The operating profit was -485.8 kDKK, while net earnings were -6735.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35 %, which can be considered poor and Return on Equity (ROE) was -129 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -93 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AGROFARM DENMARK A/S's liquidity measured by quick ratio was 56.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -60.55 | -48.68 | - 154.94 | - 119.36 | - 485.82 |
EBIT | - 164.92 | - 382.11 | - 205.00 | - 120.34 | - 485.82 |
Net earnings | 299.41 | -8 188.21 | - 657.69 | -1 361.93 | -6 735.17 |
Shareholders equity total | 296.06 | -8 376.92 | -9 281.29 | -10 643.22 | -17 378.39 |
Balance sheet total (assets) | 43 553.16 | 11 332.95 | 10 450.40 | 9 139.88 | 1 304.00 |
Net debt | 43 150.28 | - 231.42 | -17.11 | -43.04 | - 140.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.7 % | -25.9 % | -3.3 % | -2.7 % | -35.0 % |
ROE | 41.1 % | -140.8 % | -6.0 % | -13.9 % | -129.0 % |
ROI | 0.7 % | -25.9 % | -3.3 % | -2.7 % | -35.0 % |
Economic value added (EVA) | 2 042.77 | 1 853.94 | 540.46 | 628.98 | 312.73 |
Solvency | |||||
Equity ratio | 96.4 % | -42.5 % | -47.0 % | -53.8 % | -93.0 % |
Gearing | 14586.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 213.9 | 105.9 | 165.9 | 56.7 |
Current ratio | 0.0 | 213.9 | 105.9 | 165.9 | 56.7 |
Cash and cash equivalents | 32.51 | 231.42 | 17.11 | 43.04 | 140.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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