AGROSOFT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AGROSOFT A/S
AGROSOFT A/S (CVR number: 10615089) is a company from HEDENSTED. The company reported a net sales of 17.5 mDKK in 2023, demonstrating a growth of 2.2 % compared to the previous year. The operating profit percentage was at 22.3 % (EBIT: 3.9 mDKK), while net earnings were 3305.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 18.5 %, which can be considered excellent. 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. AGROSOFT A/S's liquidity measured by quick ratio was 4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 17 175.42 | 18 153.18 | 17 808.08 | 17 108.88 | 17 477.11 |
Gross profit | 15 151.15 | 15 613.73 | 16 049.40 | 18 802.26 | 18 644.29 |
EBIT | 4 423.46 | 6 811.95 | 6 401.70 | 3 780.50 | 3 901.22 |
Net earnings | 3 627.57 | 5 422.90 | 5 712.59 | 3 173.82 | 3 305.52 |
Shareholders equity total | 7 990.55 | 11 370.33 | 15 089.78 | 16 214.69 | 19 576.91 |
Balance sheet total (assets) | 11 245.81 | 17 301.91 | 19 195.09 | 20 987.99 | 25 250.44 |
Net debt | -6 097.86 | -7 961.51 | -4 904.88 | -1 648.25 | -4 806.28 |
Profitability | |||||
EBIT-% | 25.8 % | 37.5 % | 35.9 % | 22.1 % | 22.3 % |
ROA | 45.8 % | 48.9 % | 39.5 % | 20.1 % | 18.9 % |
ROE | 50.6 % | 56.0 % | 43.2 % | 20.3 % | 18.5 % |
ROI | 64.6 % | 70.3 % | 50.4 % | 22.6 % | 22.6 % |
Economic value added (EVA) | 3 431.83 | 5 284.50 | 5 030.73 | 2 863.60 | 2 837.68 |
Solvency | |||||
Equity ratio | 71.1 % | 65.7 % | 78.6 % | 77.3 % | 77.5 % |
Gearing | 2.3 % | ||||
Relative net indebtedness % | -16.6 % | -13.9 % | -13.5 % | 1.9 % | 5.0 % |
Liquidity | |||||
Quick ratio | 3.1 | 2.4 | 3.8 | 3.1 | 4.0 |
Current ratio | 3.1 | 2.4 | 3.8 | 3.1 | 4.0 |
Cash and cash equivalents | 6 097.86 | 7 961.51 | 4 904.88 | 2 020.03 | 4 806.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 76.2 | 97.6 | 86.0 | 96.8 | 202.2 |
Net working capital % | 39.9 % | 41.9 % | 39.1 % | 28.2 % | 96.1 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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