A/S NORDJYSK AGROCENTER. AARS — Credit Rating and Financial Key Figures

CVR number: 12608500
Messevej 1, 9600 Aars
tel: 98625555
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Credit rating

Company information

Official name
A/S NORDJYSK AGROCENTER. AARS
Established
1988
Company form
Limited company
Industry

About A/S NORDJYSK AGROCENTER. AARS

A/S NORDJYSK AGROCENTER. AARS (CVR number: 12608500) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -64.8 kDKK in 2023. The operating profit was -111.6 kDKK, while net earnings were 176.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S NORDJYSK AGROCENTER. AARS's liquidity measured by quick ratio was 133.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit63.5942.1814.54-10.55-64.83
EBIT16.80-4.60-32.24-57.33- 111.61
Net earnings357.32240.16211.91- 423.70176.20
Shareholders equity total7 483.707 723.867 935.777 512.087 688.27
Balance sheet total (assets)8 126.898 497.358 697.048 156.128 353.27
Net debt-3 305.17-3 699.15-3 899.22-2 914.95-3 276.70
Profitability
EBIT-%
ROA6.2 %7.2 %5.8 %2.4 %3.2 %
ROE4.9 %3.2 %2.7 %-5.5 %2.3 %
ROI6.2 %7.2 %5.9 %2.4 %3.3 %
Economic value added (EVA)- 205.04- 213.56- 227.48- 244.64- 311.00
Solvency
Equity ratio92.1 %90.9 %91.2 %92.1 %92.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio102.939.261.748.7133.5
Current ratio102.939.261.748.7133.5
Cash and cash equivalents3 305.173 699.153 899.222 914.953 276.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:3.24%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.0%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer
Board member

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