SIRION SEAFOOD ApS — Credit Rating and Financial Key Figures

SIRION SEAFOOD ApS (CVR number: 40212736) is a company from AALBORG. The company reported a net sales of 412.5 mDKK in 2023, demonstrating a growth of 30.6 % compared to the previous year. The operating profit percentage was at 1.6 % (EBIT: 6.7 mDKK), while net earnings were 2437.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SIRION SEAFOOD ApS's liquidity measured by quick ratio was 3.5 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.