TEGLGAARD AGRO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TEGLGAARD AGRO A/S
TEGLGAARD AGRO A/S (CVR number: 34479267) is a company from FAXE. The company recorded a gross profit of 3623.4 kDKK in 2023. The operating profit was -8124 kDKK, while net earnings were -3681 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -10.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. TEGLGAARD AGRO A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 956.08 | 9 462.53 | 13 211.40 | 12 420.50 | 3 623.39 |
EBIT | -2 229.62 | 162.46 | 3 362.40 | 2 318.39 | -8 124.03 |
Net earnings | 2 251.07 | 803.02 | 8 532.44 | 11 218.75 | -3 680.96 |
Shareholders equity total | 20 486.17 | 21 289.19 | 29 821.63 | 38 040.38 | 34 359.42 |
Balance sheet total (assets) | 76 120.69 | 67 045.89 | 71 335.03 | 97 556.39 | 81 188.47 |
Net debt | 37 771.62 | 34 026.52 | 27 965.18 | 41 148.90 | 33 754.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.3 % | 3.6 % | 14.8 % | 15.2 % | -4.0 % |
ROE | 11.6 % | 3.8 % | 33.4 % | 33.1 % | -10.2 % |
ROI | 5.0 % | 4.3 % | 17.0 % | 17.6 % | -4.6 % |
Economic value added (EVA) | -2 593.82 | - 817.30 | 1 648.36 | 669.77 | -7 905.38 |
Solvency | |||||
Equity ratio | 26.9 % | 31.8 % | 41.8 % | 39.0 % | 42.3 % |
Gearing | 184.4 % | 160.6 % | 93.8 % | 108.6 % | 98.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.4 | 0.7 | 0.5 |
Current ratio | 0.7 | 0.7 | 0.7 | 1.0 | 1.0 |
Cash and cash equivalents | 12.21 | 158.61 | 8.22 | 155.99 | 129.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | BBB |
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