FOGEDGAARD LANDBRUG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOGEDGAARD LANDBRUG ApS
FOGEDGAARD LANDBRUG ApS (CVR number: 32469698) is a company from ASSENS. The company recorded a gross profit of -6.9 kDKK in 2024. The operating profit was -372 kDKK, while net earnings were -503.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.4 %, which can be considered poor and Return on Equity (ROE) was -46.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -71 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FOGEDGAARD LANDBRUG ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 17.32 | 529.65 | 2 337.01 | -2 028.34 | -6.94 |
EBIT | - 224.20 | 163.37 | 1 971.84 | -2 393.49 | - 372.05 |
Net earnings | - 317.59 | -88.22 | 1 828.45 | -2 353.65 | - 503.17 |
Shareholders equity total | - 307.34 | - 395.56 | 1 432.89 | - 920.76 | -1 423.93 |
Balance sheet total (assets) | 1 941.25 | 3 191.81 | 4 214.88 | 1 598.42 | 581.65 |
Net debt | 1 809.20 | 1 740.12 | 1 465.06 | 1 586.91 | 1 503.31 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.8 % | 5.6 % | 50.5 % | -71.1 % | -16.4 % |
ROE | -32.5 % | -3.4 % | 79.1 % | -155.3 % | -46.2 % |
ROI | -10.6 % | 7.5 % | 66.9 % | -86.9 % | -20.2 % |
Economic value added (EVA) | - 305.96 | 26.62 | 1 849.42 | -2 382.36 | - 394.85 |
Solvency | |||||
Equity ratio | -13.7 % | -11.0 % | 34.0 % | -36.5 % | -71.0 % |
Gearing | -650.8 % | -520.4 % | 134.7 % | -201.1 % | -125.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.2 | 1.2 | 3.6 | 1.8 | 1.8 |
Current ratio | 11.9 | 2.4 | 7.0 | 2.3 | 2.0 |
Cash and cash equivalents | 190.80 | 318.48 | 465.00 | 264.44 | 279.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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