Askildrup Agro A/S — Credit Rating and Financial Key Figures

CVR number: 36920688
Askildrupvej 41, 8940 Randers SV

Credit rating

Company information

Official name
Askildrup Agro A/S
Personnel
25 persons
Established
2015
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Askildrup Agro A/S

Askildrup Agro A/S (CVR number: 36920688) is a company from FAVRSKOV. The company recorded a gross profit of 14.8 mDKK in 2023. The operating profit was 3229 kDKK, while net earnings were 1435.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 20.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.4 %, 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. Askildrup Agro A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit8 953.5713 402.1612 610.2013 897.8014 787.90
EBIT-1 277.294 178.812 259.612 637.243 229.05
Net earnings-1 547.552 840.431 232.211 145.491 435.43
Shareholders equity total1 063.143 903.585 135.786 281.277 716.70
Balance sheet total (assets)46 923.0252 951.7667 796.9564 417.7957 492.04
Net debt33 368.7241 412.9748 042.8746 753.1245 607.58
Profitability
EBIT-%
ROA-3.4 %8.8 %4.2 %4.0 %5.7 %
ROE-84.2 %114.4 %27.3 %20.1 %20.5 %
ROI-4.7 %11.1 %5.1 %5.0 %6.5 %
Economic value added (EVA)-1 270.133 073.891 559.701 695.942 134.51
Solvency
Equity ratio2.3 %7.4 %8.4 %11.1 %13.4 %
Gearing3140.1 %1061.0 %935.6 %744.3 %591.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.60.70.7
Current ratio1.11.11.11.11.6
Cash and cash equivalents15.193.568.560.894.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:5.65%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.4%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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