Trip Agro Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 40493336
Flensborgvej 105, Eggebæk 6360 Tinglev

Credit rating

Company information

Official name
Trip Agro Danmark ApS
Established
2019
Domicile
Eggebæk
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About Trip Agro Danmark ApS

Trip Agro Danmark ApS (CVR number: 40493336) is a company from AABENRAA. The company recorded a gross profit of 574.9 kDKK in 2023. The operating profit was 487.9 kDKK, while net earnings were 66.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Trip Agro Danmark ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit553.30467.85693.17605.97574.94
EBIT497.16398.16623.48432.09487.85
Net earnings176.37253.59411.40240.6566.31
Shareholders equity total6 026.376 279.956 691.356 932.016 998.32
Balance sheet total (assets)16 626.1416 523.3616 728.4817 210.5417 461.40
Net debt9 596.119 448.679 313.629 132.169 112.24
Profitability
EBIT-%
ROA3.0 %2.4 %3.8 %2.5 %2.8 %
ROE2.9 %4.1 %6.3 %3.5 %1.0 %
ROI3.0 %2.4 %3.8 %2.6 %3.0 %
Economic value added (EVA)311.16- 439.90- 290.99- 444.69- 408.99
Solvency
Equity ratio36.2 %38.0 %40.0 %40.3 %40.1 %
Gearing171.1 %159.5 %145.4 %136.4 %132.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.82.01.21.2
Current ratio1.71.82.01.21.2
Cash and cash equivalents715.53570.10416.46321.02131.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.81%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.1%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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