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
7 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 7028.4 kDKK in 2024. The operating profit was 3559.5 kDKK, while net earnings were 2546.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.4 %, which can be considered excellent and Return on Equity (ROE) was 26.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.7 %, 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. OCEAN MARINE & FISHING GEAR A/S's liquidity measured by quick ratio was 1.3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 116.795 852.716 439.216 599.007 028.37
EBIT1 303.261 507.692 724.423 147.523 559.54
Net earnings797.351 011.831 947.932 176.592 546.23
Shareholders equity total3 627.124 638.956 586.898 578.4810 824.71
Balance sheet total (assets)14 026.8812 740.3617 860.7915 823.2315 915.23
Net debt5 562.604 045.155 199.232 821.24- 495.41
Profitability
EBIT-%
ROA9.2 %11.3 %17.8 %18.7 %22.4 %
ROE24.7 %24.5 %34.7 %28.7 %26.2 %
ROI13.7 %16.4 %26.2 %27.0 %31.9 %
Economic value added (EVA)505.04694.941 677.851 850.952 188.32
Solvency
Equity ratio25.9 %36.4 %36.9 %54.2 %68.7 %
Gearing153.6 %87.3 %80.5 %33.4 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.50.71.3
Current ratio1.31.51.62.23.2
Cash and cash equivalents7.063.88104.4247.76518.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:22.4%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.7%
Rating: 52/100
-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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