AC Farming-Klovborg A/S — Credit Rating and Financial Key Figures

CVR number: 38509381
Birkebækvej 6, Lerager 7323 Give

Credit rating

Company information

Official name
AC Farming-Klovborg A/S
Established
2017
Domicile
Lerager
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About AC Farming-Klovborg A/S

AC Farming-Klovborg A/S (CVR number: 38509381) is a company from VEJLE. The company recorded a gross profit of 9020.7 kDKK in 2017. The operating profit was 6283.7 kDKK, while net earnings were 4457.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 45.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AC Farming-Klovborg A/S's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017
Volume
Net sales
Gross profit9 020.67
EBIT6 283.70
Net earnings4 457.56
Shareholders equity total9 827.56
Balance sheet total (assets)76 569.88
Net debt62 409.94
Profitability
EBIT-%
ROA8.3 %
ROE45.4 %
ROI8.6 %
Economic value added (EVA)4 881.24
Solvency
Equity ratio12.8 %
Gearing637.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.7
Current ratio1.0
Cash and cash equivalents247.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBAA

Variable visualization

ROA:8.34%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.8%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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