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

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

Credit rating

Company information

Official name
HVOLGAARD LANDBRUG A/S
Personnel
4 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 2851.3 kDKK in 2024. The operating profit was 621.9 kDKK, while net earnings were -526.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.7 %, 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. 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 675.322 509.064 989.403 497.102 851.29
EBIT958.76737.372 963.491 334.98621.92
Net earnings514.72453.991 954.38284.51- 526.72
Shareholders equity total-4 930.50-4 476.51-2 522.13-2 237.625 235.66
Balance sheet total (assets)27 375.8829 105.2935 495.7738 403.6038 319.09
Net debt28 608.8930 559.3332 053.8033 304.2025 299.06
Profitability
EBIT-%
ROA3.1 %2.3 %8.4 %3.7 %2.2 %
ROE1.9 %1.6 %6.1 %0.8 %-2.4 %
ROI3.2 %2.4 %9.0 %4.2 %2.5 %
Economic value added (EVA)- 598.65- 736.031 008.51- 562.35-1 188.01
Solvency
Equity ratio-15.3 %-13.3 %-6.6 %-5.5 %13.7 %
Gearing-604.0 %-695.4 %-1295.5 %-1519.1 %517.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.20.2
Current ratio0.40.30.30.40.5
Cash and cash equivalents1 171.57570.57621.43687.511 812.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.20%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.7%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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