HVOLGAARD LANDBRUG A/S — Credit Rating and Financial Key Figures

CVR number: 30506758
Hvolgårdsvej 21, 7160 Tørring
tel: 75735100

Company information

Official name
HVOLGAARD LANDBRUG A/S
Personnel
5 persons
Established
2008
Company form
Limited company
Industry

About HVOLGAARD LANDBRUG A/S

HVOLGAARD LANDBRUG A/S (CVR number: 30506758) is a company from HEDENSTED. The company recorded a gross profit of 3497.1 kDKK in 2023. The operating profit was 1335 kDKK, while net earnings were 284.5 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 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -5.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HVOLGAARD LANDBRUG A/S's liquidity measured by quick ratio was 0.2 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 profit1 970.132 675.322 509.064 989.403 497.10
EBIT395.41958.76737.372 963.491 334.98
Net earnings58.30514.72453.991 954.38284.51
Shareholders equity total-5 445.22-4 930.50-4 476.51-2 522.13-2 237.62
Balance sheet total (assets)26 449.9027 375.8829 105.2935 495.7738 403.60
Net debt28 512.9228 608.8930 559.3332 053.8033 304.20
Profitability
EBIT-%
ROA1.4 %3.1 %2.3 %8.4 %3.7 %
ROE0.2 %1.9 %1.6 %6.1 %0.8 %
ROI1.4 %3.2 %2.4 %9.0 %4.2 %
Economic value added (EVA)664.47922.87856.432 663.271 193.59
Solvency
Equity ratio-17.1 %-15.3 %-13.3 %-6.6 %-5.5 %
Gearing-538.1 %-604.0 %-695.4 %-1295.5 %-1519.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.10.10.2
Current ratio0.40.40.30.30.4
Cash and cash equivalents785.551 171.57570.57621.43687.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.74%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-5.51%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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