AGCO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AGCO A/S
AGCO A/S (CVR number: 16585491K) is a company from RANDERS. The company reported a net sales of 132 mDKK in 2023, demonstrating a growth of 17.7 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 9 mDKK), while net earnings were 9535 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AGCO A/S's liquidity measured by quick ratio was 2.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 86.20 | 112.19 | 131.99 | |
Gross profit | 86.20 | 112.19 | 131.99 | |
EBIT | 19.31 | 4.11 | 5.40 | 9.01 |
Net earnings | 19.31 | 2.65 | 2.46 | 9.54 |
Shareholders equity total | 165.04 | 167.69 | 170.15 | 179.69 |
Balance sheet total (assets) | 186.26 | 192.68 | 201.75 | 231.83 |
Net debt | 0.00 | -0.00 | ||
Profitability | ||||
EBIT-% | 4.8 % | 4.8 % | 6.8 % | |
ROA | 10.4 % | 2.2 % | 2.7 % | 6.1 % |
ROE | 11.7 % | 1.6 % | 1.5 % | 5.5 % |
ROI | 5.5 % | 1.6 % | 3.2 % | 7.5 % |
Economic value added (EVA) | 19.31 | -0.67 | -0.53 | 2.78 |
Solvency | ||||
Equity ratio | 48.5 % | 87.0 % | 84.3 % | 77.5 % |
Gearing | ||||
Relative net indebtedness % | 29.0 % | 28.2 % | 39.5 % | |
Liquidity | ||||
Quick ratio | -0.5 | 3.9 | 3.5 | 2.6 |
Current ratio | -0.5 | 3.9 | 3.5 | 2.6 |
Cash and cash equivalents | -0.00 | 0.00 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | 325.0 | 276.2 | 316.0 | |
Net working capital % | 66.2 % | 53.7 % | 53.5 % | |
Credit risk | ||||
Credit rating | BBB | AA | AAA | AAA |
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