HIN AGRO ApS — Credit Rating and Financial Key Figures

CVR number: 33507283
Maglehøjvej 24, Varpelev 4652 Hårlev

Credit rating

Company information

Official name
HIN AGRO ApS
Personnel
6 persons
Established
2011
Domicile
Varpelev
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About HIN AGRO ApS

HIN AGRO ApS (CVR number: 33507283) is a company from STEVNS. The company recorded a gross profit of 10.3 mDKK in 2023. The operating profit was 7496.5 kDKK, while net earnings were 3811.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 56.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.8 %, 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. HIN AGRO ApS'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 profit4 944.174 375.374 408.417 258.7510 262.77
EBIT2 137.76712.021 579.854 479.907 496.53
Net earnings1 055.52- 344.74384.863 413.463 811.79
Shareholders equity total1 386.721 041.981 426.844 840.308 652.09
Balance sheet total (assets)71 937.7770 858.7566 128.5772 801.3473 351.60
Net debt67 171.1864 321.3361 079.0159 292.6158 102.69
Profitability
EBIT-%
ROA3.1 %1.0 %2.4 %8.0 %10.6 %
ROE122.9 %-28.4 %31.2 %108.9 %56.5 %
ROI3.2 %1.0 %2.5 %8.7 %11.6 %
Economic value added (EVA)- 900.24-2 690.72-1 368.15816.403 124.19
Solvency
Equity ratio1.9 %1.5 %2.2 %6.6 %11.8 %
Gearing4843.9 %6399.6 %4280.7 %1225.0 %671.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.20.50.7
Current ratio0.90.80.60.91.2
Cash and cash equivalents0.122 360.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.8%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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