ROYAL GREENLAND SEAFOOD A/S — Credit Rating and Financial Key Figures

ROYAL GREENLAND SEAFOOD A/S (CVR number: 10977231) is a company from AALBORG. The company reported a net sales of 3980.1 mDKK in 2023, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 19.3 mDKK), while net earnings were -132.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ROYAL GREENLAND SEAFOOD A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.