AGROVICE ApS

CVR number: 36454865
Tandrupvej 2, Hørslev 8462 Harlev J
enggaardenis@gmail.com
tel: 86163364

Credit rating

Company information

Official name
AGROVICE ApS
Personnel
1 person
Established
2014
Domicile
Hørslev
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About AGROVICE ApS

AGROVICE ApS (CVR number: 36454865) is a company from AARHUS. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a growth of 28.7 % compared to the previous year. The operating profit percentage was at 43.7 % (EBIT: 0.7 mDKK), while net earnings were 715.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.2 %, which can be considered excellent and Return on Equity (ROE) was 79.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52 %, 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. AGROVICE ApS's liquidity measured by quick ratio was 1.7 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales1 175.271 275.911 058.211 321.771 700.88
Gross profit880.48875.64897.901 131.871 290.93
EBIT108.44130.57126.73538.08744.11
Net earnings220.98280.87357.43587.62715.49
Shareholders equity total525.45806.32407.43995.05810.54
Balance sheet total (assets)1 002.281 896.911 150.871 410.741 557.94
Net debt364.2545.83-14.88- 247.3060.26
Profitability
EBIT-%9.2 %10.2 %12.0 %40.7 %43.7 %
ROA26.6 %21.4 %24.8 %55.8 %59.2 %
ROE53.3 %42.2 %58.9 %83.8 %79.3 %
ROI28.1 %33.2 %56.0 %99.9 %93.3 %
Economic value added (EVA)88.35100.2090.13436.71584.13
Solvency
Equity ratio52.4 %42.5 %35.4 %70.5 %52.0 %
Gearing70.3 %8.0 %0.2 %8.7 %
Relative net indebtedness %35.4 %80.3 %66.7 %12.4 %43.1 %
Liquidity
Quick ratio1.31.41.02.61.7
Current ratio1.91.61.22.61.7
Cash and cash equivalents5.0118.6115.62247.3010.31
Capital use efficiency
Trade debtors turnover (days)37.136.432.081.434.9
Net working capital %33.0 %49.5 %12.4 %49.7 %30.5 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:59.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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