LINAS AGRO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LINAS AGRO A/S
LINAS AGRO A/S (CVR number: 17689037) is a company from AALBORG. The company recorded a gross profit of -55.7 kDKK in 2023. The operating profit was -55.7 kDKK, while net earnings were 211.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LINAS AGRO A/S's liquidity measured by quick ratio was 25.4 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 | - 123.54 | - 291.96 | - 122.11 | -50.70 | -55.66 |
EBIT | - 123.54 | - 291.96 | - 122.11 | -50.70 | -55.66 |
Net earnings | - 123.31 | - 269.30 | -87.70 | - 137.63 | 211.52 |
Shareholders equity total | 4 281.16 | 4 011.86 | 3 924.16 | 3 786.53 | 3 998.05 |
Balance sheet total (assets) | 4 315.16 | 4 186.86 | 4 099.16 | 4 084.88 | 4 160.75 |
Net debt | - 544.44 | - 387.13 | - 266.41 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -2.6 % | -6.1 % | -2.1 % | -0.3 % | 4.4 % |
ROE | -2.8 % | -6.5 % | -2.2 % | -3.6 % | 5.4 % |
ROI | -2.6 % | -6.2 % | -2.2 % | -0.3 % | 4.7 % |
Economic value added (EVA) | - 219.68 | - 479.73 | - 304.25 | - 219.80 | - 255.13 |
Solvency | |||||
Equity ratio | 99.2 % | 95.8 % | 95.7 % | 92.7 % | 96.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 126.9 | 23.9 | 23.4 | 25.4 | |
Current ratio | 126.9 | 23.9 | 23.4 | 25.4 | |
Cash and cash equivalents | 544.44 | 387.13 | 266.41 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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