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

CVR number: 38763679
Udbyneder Østergade 14, Udbyneder 8970 Havndal

Credit rating

Company information

Official name
Østergaard Agro A/S
Personnel
3 persons
Established
2017
Domicile
Udbyneder
Company form
Limited company
Industry

About Østergaard Agro A/S

Østergaard Agro A/S (CVR number: 38763679) is a company from RANDERS. The company recorded a gross profit of -2747.8 kDKK in 2023. The operating profit was -5579.3 kDKK, while net earnings were -6068.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -98.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.1 %, 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. Østergaard Agro 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 417.04636.231 979.743 854.28-2 747.75
EBIT2 305.40- 463.77786.422 644.78-5 579.35
Net earnings1 118.59-1 119.25- 207.88954.77-6 068.88
Shareholders equity total2 530.061 210.811 002.931 957.6910 394.83
Balance sheet total (assets)58 830.5660 103.4859 534.4167 533.1179 216.11
Net debt52 962.1053 117.6552 335.1451 278.6948 834.43
Profitability
EBIT-%
ROA4.0 %-0.8 %1.3 %4.2 %-7.5 %
ROE56.8 %-59.8 %-18.8 %64.5 %-98.3 %
ROI4.2 %-0.8 %1.5 %4.9 %-9.6 %
Economic value added (EVA)- 814.75-3 070.92-1 992.36- 513.47-6 847.18
Solvency
Equity ratio4.3 %2.0 %1.7 %2.9 %13.1 %
Gearing2093.3 %4387.0 %5219.4 %2619.7 %470.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.30.60.2
Current ratio0.80.50.40.70.3
Cash and cash equivalents0.070.0012.006.1016.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:-7.55%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.1%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.