SEAFOOD FLAVOURS A/S — Credit Rating and Financial Key Figures

CVR number: 33962371
Food Parken 1, Tødsø 7900 Nykøbing M

Credit rating

Company information

Official name
SEAFOOD FLAVOURS A/S
Established
2011
Domicile
Tødsø
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About SEAFOOD FLAVOURS A/S

SEAFOOD FLAVOURS A/S (CVR number: 33962371) is a company from MORSØ. The company recorded a gross profit of 1906.2 kDKK in 2023. The operating profit was 1663.2 kDKK, while net earnings were 1281.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.6 %, which can be considered excellent and Return on Equity (ROE) was 55.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.8 %, 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. SEAFOOD FLAVOURS A/S's liquidity measured by quick ratio was 2.1 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 profit667.70415.04120.56149.111 906.16
EBIT533.87279.1249.86-82.651 663.17
Net earnings415.99215.6714.53-89.161 281.47
Shareholders equity total1 537.291 752.961 767.491 678.332 959.80
Balance sheet total (assets)2 190.923 199.722 982.902 885.943 958.00
Net debt- 988.35- 241.30- 391.5145.51-1 285.20
Profitability
EBIT-%
ROA22.8 %10.4 %1.6 %-2.8 %48.6 %
ROE22.7 %13.1 %0.8 %-5.2 %55.3 %
ROI28.0 %16.0 %2.3 %-3.6 %61.9 %
Economic value added (EVA)394.06192.24-26.02- 127.091 220.52
Solvency
Equity ratio70.2 %54.8 %59.3 %58.2 %74.8 %
Gearing3.0 %0.1 %7.2 %11.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.10.41.00.92.1
Current ratio3.11.11.91.23.1
Cash and cash equivalents1 034.35242.99518.34147.631 285.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:48.6%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.8%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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