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CORMALL AGRO HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CORMALL AGRO HOLDING A/S
CORMALL AGRO HOLDING A/S (CVR number: 84874868) is a company from SØNDERBORG. The company recorded a gross profit of 472.6 kDKK in 2024. The operating profit was -665.9 kDKK, while net earnings were -12 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was -16 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. CORMALL AGRO HOLDING A/S's liquidity measured by quick ratio was 3.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 185.64 | - 156.27 | - 103.74 | - 145.45 | 472.56 |
| EBIT | - 877.44 | - 625.30 | - 506.15 | -1 157.18 | - 665.94 |
| Net earnings | 478.55 | 11 343.67 | 9 875.37 | 38 311.49 | -12 001.42 |
| Shareholders equity total | 31 092.53 | 43 010.34 | 53 468.59 | 81 936.13 | 67 728.77 |
| Balance sheet total (assets) | 55 226.27 | 72 841.26 | 85 518.96 | 134 813.95 | 85 453.52 |
| Net debt | 23 634.51 | 29 484.07 | 31 700.88 | 52 602.78 | 16 371.39 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.6 % | 17.2 % | 13.6 % | 45.9 % | 10.3 % |
| ROE | 1.5 % | 30.6 % | 20.5 % | 56.6 % | -16.0 % |
| ROI | 1.8 % | 18.7 % | 13.7 % | 36.0 % | -9.8 % |
| Economic value added (EVA) | -3 466.59 | -3 131.14 | -3 967.55 | -5 350.56 | -7 404.46 |
| Solvency | |||||
| Equity ratio | 56.3 % | 59.0 % | 62.5 % | 60.8 % | 79.3 % |
| Gearing | 76.0 % | 68.6 % | 59.3 % | 64.2 % | 25.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.0 | 0.1 | 0.2 | 0.3 | 3.9 |
| Current ratio | 0.0 | 0.1 | 0.2 | 0.3 | 3.9 |
| Cash and cash equivalents | 0.21 | 0.20 | 5.55 | 921.58 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
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