EV Agro A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EV Agro A/S
EV Agro A/S (CVR number: 27443729) is a company from SVENDBORG. The company recorded a gross profit of -45.3 kDKK in 2023. The operating profit was -58.7 kDKK, while net earnings were -49.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EV Agro A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 158.92 | 185.47 | 42.13 | 208.64 | -45.31 |
EBIT | - 683.15 | - 569.17 | -56.82 | 111.93 | -58.73 |
Net earnings | - 554.22 | - 459.59 | -59.40 | 77.95 | -49.23 |
Shareholders equity total | 251.03 | 251.44 | 292.03 | 369.98 | 320.76 |
Balance sheet total (assets) | 1 316.46 | 1 187.60 | 1 045.53 | 856.03 | 711.02 |
Net debt | 815.21 | 589.79 | 194.81 | -88.88 | - 184.23 |
Profitability | |||||
EBIT-% | |||||
ROA | -42.1 % | -45.0 % | -5.1 % | 11.8 % | -7.0 % |
ROE | -218.9 % | -182.9 % | -21.9 % | 23.5 % | -14.3 % |
ROI | -45.8 % | -49.3 % | -5.9 % | 13.9 % | -7.9 % |
Economic value added (EVA) | - 528.51 | - 450.25 | -44.69 | 89.86 | -40.32 |
Solvency | |||||
Equity ratio | 18.6 % | 21.2 % | 28.0 % | 43.2 % | 45.1 % |
Gearing | 375.4 % | 334.0 % | 188.1 % | 107.5 % | 97.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 1.0 | 1.6 | 1.5 |
Current ratio | 0.9 | 1.0 | 1.2 | 1.9 | 1.8 |
Cash and cash equivalents | 127.07 | 250.11 | 354.61 | 486.49 | 496.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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