OCEAN MARINE & FISHING GEAR A/S — Credit Rating and Financial Key Figures

CVR number: 34611505
Høgevej 2-4, 6705 Esbjerg Ø

Company information

Official name
OCEAN MARINE & FISHING GEAR A/S
Personnel
8 persons
Established
2012
Company form
Limited company
Industry

About OCEAN MARINE & FISHING GEAR A/S

OCEAN MARINE & FISHING GEAR A/S (CVR number: 34611505) is a company from ESBJERG. The company recorded a gross profit of 6599 kDKK in 2023. The operating profit was 3147.5 kDKK, while net earnings were 2176.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OCEAN MARINE & FISHING GEAR 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 950.346 116.795 852.716 439.216 599.00
EBIT1 273.481 303.261 507.692 724.423 147.52
Net earnings635.21797.351 011.831 947.932 176.59
Shareholders equity total2 829.773 627.124 638.956 586.898 578.48
Balance sheet total (assets)14 731.4614 026.8812 740.3617 860.7915 823.23
Net debt6 718.795 562.604 045.155 199.232 821.24
Profitability
EBIT-%
ROA10.0 %9.2 %11.3 %17.8 %18.7 %
ROE25.3 %24.7 %24.5 %34.7 %28.7 %
ROI15.2 %13.7 %16.4 %26.2 %27.0 %
Economic value added (EVA)880.06843.77975.171 881.512 122.71
Solvency
Equity ratio19.2 %25.9 %36.4 %36.9 %54.2 %
Gearing237.8 %153.6 %87.3 %80.5 %33.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.50.50.7
Current ratio1.21.31.51.62.2
Cash and cash equivalents11.017.063.88104.4247.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:18.7%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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