SCANDINAVIAN FARMS INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 32647251
Ellegårdvej 19, 6400 Sønderborg

Credit rating

Company information

Official name
SCANDINAVIAN FARMS INVEST A/S
Personnel
1 person
Established
2009
Company form
Limited company
Industry

About SCANDINAVIAN FARMS INVEST A/S

SCANDINAVIAN FARMS INVEST A/S (CVR number: 32647251K) is a company from SØNDERBORG. The company reported a net sales of 72.4 mDKK in 2022, demonstrating a growth of 165.4 % compared to the previous year. The operating profit percentage was poor at -50.4 % (EBIT: -36.5 mDKK), while net earnings were -42 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -8.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -38.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SCANDINAVIAN FARMS INVEST A/S's liquidity measured by quick ratio was 0 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales330.2369.560.0927.2872.40
Gross profit0.54- 122.10-20.533.4435.38
EBIT-78.60- 242.13-82.11-58.70-36.46
Net earnings- 110.23- 302.89-98.44-16.84-42.04
Shareholders equity total151.11- 124.78- 229.41- 246.53- 288.41
Balance sheet total (assets)740.45488.65461.00451.09452.14
Net debt477.02496.60544.06555.96583.87
Profitability
EBIT-%-23.8 %-348.1 %-88284.9 %-215.2 %-50.4 %
ROA-11.9 %-36.8 %-12.9 %-1.6 %-5.0 %
ROE-129.8 %-116.9 %-20.7 %-3.5 %-8.7 %
ROI-12.8 %-47.7 %-14.4 %-1.8 %-5.6 %
Economic value added (EVA)-96.47- 250.05-80.05-51.69-26.81
Solvency
Equity ratio20.4 %-20.3 %-33.2 %-35.3 %-38.9 %
Gearing322.8 %-400.6 %-239.6 %-226.7 %-202.5 %
Relative net indebtedness %175.2 %877.2 %736445.2 %2546.8 %1022.4 %
Liquidity
Quick ratio0.10.30.40.10.0
Current ratio0.40.30.40.10.2
Cash and cash equivalents10.733.295.522.950.31
Capital use efficiency
Trade debtors turnover (days)4.0
Net working capital %-62.9 %-51.6 %-71346.2 %-427.4 %-137.1 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-5.00%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-38.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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