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 61.9 kDKK in 2023. The operating profit was -28.9 kDKK, while net earnings were -160 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.7 %. 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 4.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 189.59 | -1.22 | 25.46 | 113.52 | 61.88 |
EBIT | - 694.31 | - 195.77 | -1 089.13 | -53.52 | -28.95 |
Net earnings | - 719.55 | - 440.04 | -1 322.79 | - 442.61 | - 160.04 |
Shareholders equity total | 47.47 | - 392.57 | -1 715.36 | -2 157.97 | -2 318.01 |
Balance sheet total (assets) | 7 593.71 | 7 215.21 | 5 901.56 | 5 373.82 | 5 758.31 |
Net debt | 6 920.39 | 6 935.05 | 7 062.08 | 7 345.70 | 7 901.94 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.0 % | -2.6 % | -14.3 % | -0.7 % | -0.3 % |
ROE | -176.7 % | -12.1 % | -20.2 % | -7.9 % | -2.9 % |
ROI | -9.1 % | -2.6 % | -14.6 % | -0.7 % | -0.3 % |
Economic value added (EVA) | - 704.28 | - 326.03 | -1 186.41 | -89.99 | -35.36 |
Solvency | |||||
Equity ratio | 0.6 % | -5.2 % | -22.5 % | -28.7 % | -28.7 % |
Gearing | 14607.5 % | -1806.6 % | -414.3 % | -342.0 % | -344.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.3 | 3.1 | 1.4 | 2.0 | 4.4 |
Current ratio | 4.3 | 3.1 | 1.4 | 2.0 | 4.4 |
Cash and cash equivalents | 14.23 | 157.07 | 45.39 | 34.85 | 75.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BBB |
Variable visualization
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