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: 32647251) is a company from SØNDERBORG. The company recorded a gross profit of 745 kDKK in 2022. The operating profit was -315 kDKK, while net earnings were -30.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -13.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -54.2 %. 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 0.4 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit897.00816.00534.00574.00745.00
EBIT- 191.00- 271.00- 291.00- 191.00- 315.00
Net earnings-72 859.00- 197 651.00-63 677.00-12 467.00-30 381.00
Shareholders equity total48 797.00- 144 185.00- 207 105.00- 222 534.00- 252 642.00
Balance sheet total (assets)419 845.00255 141.00268 238.00231 456.00213 834.00
Net debt368 149.00394 933.00430 234.00451 610.00463 938.00
Profitability
EBIT-%
ROA-15.3 %-48.1 %-14.6 %-2.7 %-6.6 %
ROE-85.8 %-130.1 %-24.3 %-5.0 %-13.6 %
ROI-15.3 %-48.4 %-14.6 %-2.7 %-6.6 %
Economic value added (EVA)11 401.688 972.318 151.0110 337.3811 143.71
Solvency
Equity ratio11.6 %-36.1 %-43.6 %-49.0 %-54.2 %
Gearing758.0 %-274.0 %-207.8 %-203.0 %-183.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.60.20.30.4
Current ratio0.30.60.20.30.4
Cash and cash equivalents1 737.00174.0074.0069.005.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-6.58%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-54.2%
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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