DANISH SALMON A/S — Credit Rating and Financial Key Figures

CVR number: 32554393
Niels Juelsvej 46 A, 9850 Hirtshals
info@danishsalmon.dk
tel: 96232000
www.danishsalmon.dk

Company information

Official name
DANISH SALMON A/S
Personnel
35 persons
Established
2009
Company form
Limited company
Industry

About DANISH SALMON A/S

DANISH SALMON A/S (CVR number: 32554393) is a company from HJØRRING. The company reported a net sales of 107.3 mDKK in 2024, demonstrating a growth of 62.3 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 3.6 mDKK), while net earnings were -6757.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -19.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.5 %, 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. DANISH SALMON A/S's liquidity measured by quick ratio was 0.1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales45.9138.8857.0366.14107.33
Gross profit-2.17-5.663.215.4511.26
EBIT-6.25-9.203.1611.163.56
Net earnings-5.63-8.130.711.66-6.76
Shareholders equity total43.6235.4936.2037.8631.10
Balance sheet total (assets)125.00183.82227.68275.89269.72
Net debt66.45134.94171.61198.32207.26
Profitability
EBIT-%-13.6 %-23.7 %5.5 %16.9 %3.3 %
ROA-5.5 %-5.9 %1.5 %4.4 %1.3 %
ROE-8.0 %-20.6 %2.0 %4.5 %-19.6 %
ROI-5.9 %-6.2 %1.6 %4.8 %1.4 %
Economic value added (EVA)-9.54-13.05-6.550.46-9.51
Solvency
Equity ratio34.9 %19.3 %15.9 %13.7 %11.5 %
Gearing166.9 %402.0 %485.2 %544.2 %672.6 %
Relative net indebtedness %163.4 %361.5 %328.7 %348.2 %220.5 %
Liquidity
Quick ratio0.30.10.10.10.1
Current ratio0.50.30.20.30.3
Cash and cash equivalents6.377.744.017.741.93
Capital use efficiency
Trade debtors turnover (days)11.89.428.936.627.0
Net working capital %-64.2 %-256.4 %-249.8 %-226.9 %-155.3 %
Credit risk
Credit ratingBBBBBBAAAA

Variable visualization

ROA:1.31%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.5%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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