ICE TRAWL GREENLAND A/S

CVR number: 13689008
Umiarsualivimmut 25, 3911 Sisimiut

Credit rating

Company information

Official name
ICE TRAWL GREENLAND A/S
Established
1989
Company form
Limited company
Industry
  • Expand more icon03Fishing and aquaculture

About the company

ICE TRAWL GREENLAND A/S (CVR number: 13689008) is a company from QEQQATA. The company reported a net sales of 238.9 mDKK in 2023, demonstrating a growth of 3.6 % compared to the previous year. The operating profit percentage was at 12.6 % (EBIT: 30.1 mDKK), while net earnings were 74 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79 %, 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. ICE TRAWL GREENLAND A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales241.88213.03160.98230.69238.89
Gross profit125.29114.2484.29113.0193.57
EBIT125.29114.2484.2953.5530.07
Net earnings78.6573.99
Shareholders equity total514.70554.79
Balance sheet total (assets)640.46702.30
Net debt8.5521.55
Profitability
EBIT-%51.8 %53.6 %52.4 %23.2 %12.6 %
ROA61.2 %14.2 %12.1 %
ROE15.3 %13.8 %
ROI73.3 %15.2 %12.8 %
Economic value added (EVA)119.56114.2484.2942.9515.69
Solvency
Equity ratio80.4 %79.0 %
Gearing1.7 %3.9 %
Relative net indebtedness %21.0 %23.3 %
Liquidity
Quick ratio0.91.0
Current ratio1.21.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %4.0 %8.5 %
Credit risk
Credit ratingCCCAAAA

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Board member

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