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Ellevang Landbrug ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ellevang Landbrug ApS
Ellevang Landbrug ApS (CVR number: 38620967) is a company from GULDBORGSUND. The company recorded a gross profit of 141.8 kDKK in 2024. The operating profit was 45.9 kDKK, while net earnings were -406.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ellevang Landbrug ApS's liquidity measured by quick ratio was 2.8 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 | -1.22 | 25.46 | 113.52 | 61.88 | 141.81 |
| EBIT | - 195.77 | -1 089.13 | -53.52 | -28.95 | 45.95 |
| Net earnings | - 440.04 | -1 322.79 | - 442.61 | - 160.04 | - 406.21 |
| Shareholders equity total | - 392.57 | -1 715.36 | -2 157.97 | -2 318.01 | -2 724.22 |
| Balance sheet total (assets) | 7 215.21 | 5 901.56 | 5 373.82 | 5 758.31 | 5 920.95 |
| Net debt | 6 935.05 | 7 062.08 | 7 345.70 | 7 901.94 | 8 510.41 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.6 % | -14.3 % | -0.7 % | -0.3 % | 0.6 % |
| ROE | -12.1 % | -20.2 % | -7.9 % | -2.9 % | -7.0 % |
| ROI | -2.6 % | -14.6 % | -0.7 % | -0.3 % | 0.6 % |
| Economic value added (EVA) | - 574.32 | -1 446.44 | - 341.76 | - 282.99 | - 238.43 |
| Solvency | |||||
| Equity ratio | -5.2 % | -22.5 % | -28.7 % | -28.7 % | -31.5 % |
| Gearing | -1806.6 % | -414.3 % | -342.0 % | -344.1 % | -312.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.1 | 1.4 | 2.0 | 4.4 | 2.8 |
| Current ratio | 3.1 | 1.4 | 2.0 | 4.4 | 2.8 |
| Cash and cash equivalents | 157.07 | 45.39 | 34.85 | 75.38 | 9.15 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BBB |
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