SIRION SEAFOOD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SIRION SEAFOOD ApS
SIRION SEAFOOD ApS (CVR number: 40212736) is a company from AALBORG. The company reported a net sales of 470.7 mDKK in 2024, demonstrating a growth of 14.1 % compared to the previous year. The operating profit percentage was at 4.6 % (EBIT: 21.4 mDKK), while net earnings were 14.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 36.2 %, which can be considered excellent and Return on Equity (ROE) was 65.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.2 %, 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. SIRION SEAFOOD ApS's liquidity measured by quick ratio was 2.5 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 315.82 | 412.52 | 470.68 | ||
Gross profit | -2.18 | 6.56 | 10.70 | 6.75 | 22.11 |
EBIT | -2.18 | 6.56 | 10.70 | 6.75 | 21.43 |
Net earnings | -1.95 | 4.49 | 6.88 | 2.44 | 14.68 |
Shareholders equity total | 1.35 | 5.84 | 12.72 | 15.16 | 29.84 |
Balance sheet total (assets) | 42.83 | 33.67 | 99.48 | 108.93 | 48.75 |
Net debt | 7.36 | 5.85 | -12.81 | 68.62 | -4.72 |
Profitability | |||||
EBIT-% | 3.4 % | 1.6 % | 4.6 % | ||
ROA | 8.8 % | 41.6 % | 39.9 % | 13.0 % | 36.2 % |
ROE | -84.0 % | 125.0 % | 74.2 % | 17.5 % | 65.3 % |
ROI | 37.8 % | 74.2 % | 97.7 % | 22.5 % | 40.5 % |
Economic value added (EVA) | -2.09 | 4.58 | 6.69 | 4.12 | 11.75 |
Solvency | |||||
Equity ratio | 3.1 % | 17.3 % | 12.8 % | 13.9 % | 61.2 % |
Gearing | 685.2 % | 453.0 % | 73.5 % | 544.6 % | 45.7 % |
Relative net indebtedness % | 20.5 % | 19.4 % | 0.1 % | ||
Liquidity | |||||
Quick ratio | 0.3 | 9.1 | 0.6 | 3.5 | 2.5 |
Current ratio | 1.0 | 12.8 | 1.3 | 6.5 | 2.6 |
Cash and cash equivalents | 1.86 | 20.60 | 22.16 | 13.91 | 18.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.8 | 20.6 | 19.5 | ||
Net working capital % | 6.7 % | 22.4 % | 6.3 % | ||
Credit risk | |||||
Credit rating | B | BB | BBB | BBB | BBB |
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