LBT AGRO K/S
Credit rating
Company information
About LBT AGRO K/S
LBT AGRO K/S (CVR number: 28658842) is a company from HJØRRING. The company recorded a gross profit of 26.5 mDKK in 2023. The operating profit was 16.9 mDKK, while net earnings were 9838 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LBT AGRO K/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 | 13 469.87 | 12 066.47 | 17 011.63 | 16 032.68 | 26 489.84 |
EBIT | 6 474.03 | 4 838.93 | 8 586.06 | 8 659.39 | 16 947.78 |
Net earnings | 2 482.89 | 640.17 | 7 896.49 | 4 735.49 | 9 838.03 |
Shareholders equity total | 26 903.49 | 27 655.26 | 35 700.31 | 40 511.17 | 50 349.20 |
Balance sheet total (assets) | 115 482.14 | 116 300.53 | 116 902.93 | 158 607.25 | 173 728.08 |
Net debt | 54 265.72 | 63 413.39 | 74 928.77 | 103 890.72 | 91 239.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.0 % | 4.2 % | 9.6 % | 6.3 % | 10.2 % |
ROE | 9.7 % | 2.3 % | 24.9 % | 12.4 % | 21.7 % |
ROI | 6.8 % | 4.9 % | 10.4 % | 6.7 % | 11.3 % |
Economic value added (EVA) | 4 273.37 | 2 577.78 | 4 468.84 | 3 670.64 | 10 815.26 |
Solvency | |||||
Equity ratio | 23.3 % | 23.8 % | 30.5 % | 25.5 % | 29.0 % |
Gearing | 202.3 % | 229.9 % | 210.4 % | 256.9 % | 181.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.5 | 0.6 | 0.5 | 0.5 |
Current ratio | 0.3 | 1.0 | 1.4 | 1.3 | 1.5 |
Cash and cash equivalents | 170.00 | 170.00 | 170.00 | 170.00 | 170.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA | AA |
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