AMANDA SEAFOODS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AMANDA SEAFOODS A/S
AMANDA SEAFOODS A/S (CVR number: 20007117) is a company from FREDERIKSHAVN. The company reported a net sales of 281.3 mDKK in 2023, demonstrating a growth of 7.4 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 20 mDKK), while net earnings were 2686.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AMANDA SEAFOODS A/S's liquidity measured by quick ratio was 5.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 262 005.55 | 281 299.40 | |
Gross profit | 49 277.16 | 62 970.32 | |
EBIT | 8 312.98 | 20 027.62 | |
Net earnings | -8 553.96 | 2 686.51 | |
Shareholders equity total | 26 633.37 | 29 182.13 | |
Balance sheet total (assets) | 254 696.92 | 235 033.23 | |
Net debt | 157 124.90 | 150 470.72 | |
Profitability | |||
EBIT-% | 3.2 % | 7.1 % | |
ROA | -0.6 % | 6.5 % | |
ROE | -32.1 % | 9.6 % | |
ROI | -0.4 % | 4.6 % | |
Economic value added (EVA) | -2 189.79 | 6 517.32 | 14 412.52 |
Solvency | |||
Equity ratio | 35.9 % | 22.7 % | |
Gearing | 590.4 % | 515.6 % | |
Relative net indebtedness % | 5.8 % | 31.3 % | |
Liquidity | |||
Quick ratio | 7.4 | 5.1 | |
Current ratio | 12.9 | 10.4 | |
Cash and cash equivalents | 112.70 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | 40.2 | 41.4 | |
Net working capital % | 62.0 % | 53.1 % | |
Credit risk | |||
Credit rating | A | AA |
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