Skagerak Processing A/S — Credit Rating and Financial Key Figures

CVR number: 36944145
Herluf Trollesvej 14, 9850 Hirtshals
info@skageraksalmon.dk
tel: 88444900
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Company information

Official name
Skagerak Processing A/S
Personnel
41 persons
Established
2015
Company form
Limited company
Industry

About Skagerak Processing A/S

Skagerak Processing A/S (CVR number: 36944145) is a company from HJØRRING. The company recorded a gross profit of 12.1 mDKK in 2024. The operating profit was -6735 kDKK, while net earnings were -7882 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, which can be considered poor and Return on Equity (ROE) was -135 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Skagerak Processing A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit22 566.0020 712.0013 794.0018 182.0012 133.00
EBIT1 180.00- 151.00-2 569.002 197.00-6 735.00
Net earnings412.00- 136.00-2 569.0048.00-7 882.00
Shareholders equity total6 117.005 981.003 413.003 459.00-4 422.00
Balance sheet total (assets)50 868.0051 492.0073 315.0076 287.008 219.00
Net debt32 328.0040 742.0062 871.0063 367.005 492.00
Profitability
EBIT-%
ROA2.8 %1.6 %-2.7 %3.8 %-13.6 %
ROE7.0 %-2.2 %-54.7 %1.4 %-135.0 %
ROI3.2 %1.9 %-3.0 %4.2 %-16.2 %
Economic value added (EVA)- 610.75- 414.59-2 432.252 025.50-5 727.83
Solvency
Equity ratio12.0 %11.6 %4.7 %4.5 %-35.0 %
Gearing528.5 %681.2 %1842.1 %1831.9 %-124.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.80.3
Current ratio1.01.00.90.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-13.6%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-35.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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