MEATFIELD FARM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MEATFIELD FARM A/S
MEATFIELD FARM A/S (CVR number: 31477530) is a company from HEDENSTED. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 137.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MEATFIELD FARM A/S's liquidity measured by quick ratio was 116.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 21.44 | 6.74 | -10.00 | -4.18 | |
EBIT | 21.44 | 6.74 | - 980.07 | -4.18 | |
Net earnings | 25.30 | 14.62 | - 963.05 | 41.20 | 137.30 |
Shareholders equity total | 2 287.30 | 2 301.92 | 1 338.88 | 1 380.08 | 1 517.37 |
Balance sheet total (assets) | 2 381.72 | 2 384.21 | 1 423.14 | 1 470.96 | 1 530.46 |
Net debt | -39.37 | -39.37 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 1.4 % | 0.8 % | -50.5 % | 3.7 % | 10.0 % |
ROE | 1.1 % | 0.6 % | -52.9 % | 3.0 % | 9.5 % |
ROI | 1.4 % | 0.8 % | -52.8 % | 3.9 % | 10.4 % |
Economic value added (EVA) | -94.97 | - 107.70 | -1 095.78 | -70.54 | -69.35 |
Solvency | |||||
Equity ratio | 96.0 % | 96.5 % | 94.1 % | 93.8 % | 99.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 4.4 | 16.9 | 16.2 | 116.9 |
Current ratio | 3.8 | 4.4 | 16.9 | 16.2 | 116.9 |
Cash and cash equivalents | 39.37 | 39.37 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | B | B | BB |
Variable visualization
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