AGRI-NORCOLD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AGRI-NORCOLD A/S
AGRI-NORCOLD A/S (CVR number: 43718711) is a company from MARIAGERFJORD. The company reported a net sales of 395.7 mDKK in 2023, demonstrating a decline of -19.1 % compared to the previous year. The operating profit percentage was at 17.3 % (EBIT: 68.4 mDKK), while net earnings were 48.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.3 %, 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. AGRI-NORCOLD A/S's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 411.27 | 448.65 | 486.78 | 488.92 | 395.74 |
Gross profit | 257.85 | 296.03 | 316.41 | 319.98 | 285.06 |
EBIT | 37.26 | 50.08 | 45.20 | 80.40 | 68.38 |
Net earnings | 24.77 | 35.10 | 33.25 | 60.70 | 48.65 |
Shareholders equity total | 102.50 | 110.36 | 180.72 | 259.90 | 168.96 |
Balance sheet total (assets) | 384.62 | 374.35 | 421.59 | 473.19 | 381.49 |
Net debt | 72.06 | 120.85 | |||
Profitability | |||||
EBIT-% | 9.1 % | 11.2 % | 9.3 % | 16.4 % | 17.3 % |
ROA | 9.9 % | 13.2 % | 11.4 % | 18.0 % | 16.0 % |
ROE | 26.8 % | 33.0 % | 22.8 % | 27.5 % | 22.7 % |
ROI | 11.1 % | 13.2 % | 11.4 % | 19.7 % | 19.4 % |
Economic value added (EVA) | 27.43 | 44.93 | 39.65 | 53.63 | 38.87 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 54.9 % | 44.3 % |
Gearing | 43.3 % | 71.6 % | |||
Relative net indebtedness % | 30.9 % | 48.0 % | |||
Liquidity | |||||
Quick ratio | 2.4 | 1.3 | |||
Current ratio | 2.4 | 1.3 | |||
Cash and cash equivalents | 40.37 | 0.07 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 75.9 | 77.9 | |||
Net working capital % | 24.5 % | 6.3 % | |||
Credit risk | |||||
Credit rating | A | BBB | BBB | AAA | AAA |
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