MEATFIELD FARM A/S — Credit Rating and Financial Key Figures

CVR number: 31477530
Lundagervej 31, 8722 Hedensted
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Company information

Official name
MEATFIELD FARM A/S
Established
2008
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit21.446.74-10.00-4.18
EBIT21.446.74- 980.07-4.18
Net earnings25.3014.62- 963.0541.20137.30
Shareholders equity total2 287.302 301.921 338.881 380.081 517.37
Balance sheet total (assets)2 381.722 384.211 423.141 470.961 530.46
Net debt-39.37-39.37
Profitability
EBIT-%
ROA1.4 %0.8 %-50.5 %3.7 %10.0 %
ROE1.1 %0.6 %-52.9 %3.0 %9.5 %
ROI1.4 %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 ratio96.0 %96.5 %94.1 %93.8 %99.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.84.416.916.2116.9
Current ratio3.84.416.916.2116.9
Cash and cash equivalents39.3739.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBB

Variable visualization

ROA:10.0%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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