Credit rating
Company information
About HOLMAGER AGRO ApS
HOLMAGER AGRO ApS (CVR number: 35518444) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -253 kDKK in 2023. The operating profit was -253.4 kDKK, while net earnings were 137.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HOLMAGER AGRO ApS's liquidity measured by quick ratio was 2.3 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 | 1 826.41 | 729.76 | 740.65 | 493.94 | - 252.99 |
EBIT | 1 817.36 | 729.76 | 740.65 | 228.44 | - 253.43 |
Net earnings | 1 187.11 | 345.86 | 306.35 | 449.09 | 137.46 |
Shareholders equity total | 3 473.63 | 3 819.49 | 4 125.84 | 4 574.93 | 4 417.89 |
Balance sheet total (assets) | 14 637.24 | 9 242.70 | 6 394.13 | 6 443.58 | 6 689.83 |
Net debt | 3 561.55 | 1 947.86 | 577.66 | 1 218.29 | 1 837.70 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.9 % | 5.7 % | 6.2 % | 9.9 % | 3.6 % |
ROE | 41.2 % | 9.5 % | 7.7 % | 10.3 % | 3.1 % |
ROI | 25.5 % | 9.8 % | 8.5 % | 11.2 % | 3.7 % |
Economic value added (EVA) | 1 252.32 | 368.44 | 350.61 | -52.48 | - 429.21 |
Solvency | |||||
Equity ratio | 23.7 % | 41.3 % | 64.5 % | 71.0 % | 66.0 % |
Gearing | 102.5 % | 51.2 % | 15.0 % | 27.0 % | 41.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.5 | 2.7 | 2.8 | 2.3 |
Current ratio | 1.2 | 1.5 | 2.8 | 2.8 | 2.3 |
Cash and cash equivalents | 9.07 | 42.77 | 15.03 | 4.01 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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