INUGHUIT SEAFOOD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About INUGHUIT SEAFOOD A/S
INUGHUIT SEAFOOD A/S (CVR number: 12748329) is a company from AVANNAATA. The company reported a net sales of 6.5 mDKK in 2023, demonstrating a decline of -11.4 % compared to the previous year. The operating profit percentage was at 7.5 % (EBIT: 0.5 mDKK), while net earnings were 324 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INUGHUIT SEAFOOD A/S's liquidity measured by quick ratio was 11.1 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 10 660.00 | 8 459.00 | 8 295.00 | 7 305.00 | 6 475.00 |
Gross profit | 2 126.00 | 2 991.00 | 2 727.00 | 2 013.00 | 1 703.00 |
EBIT | - 246.00 | 645.00 | 1 140.00 | 453.00 | 486.00 |
Net earnings | 629.00 | 143.00 | 545.00 | 324.00 | 324.00 |
Shareholders equity total | 4 098.00 | 3 741.00 | 4 286.00 | 4 610.00 | 4 934.00 |
Balance sheet total (assets) | 4 691.00 | 4 183.00 | 4 811.00 | 5 111.00 | 5 336.00 |
Net debt | - 215.00 | ||||
Profitability | |||||
EBIT-% | -2.3 % | 7.6 % | 13.7 % | 6.2 % | 7.5 % |
ROA | -5.2 % | 14.5 % | 25.4 % | 9.1 % | 9.3 % |
ROE | 15.6 % | 3.6 % | 13.6 % | 7.3 % | 6.8 % |
ROI | -6.1 % | 16.3 % | 28.0 % | 10.0 % | 10.1 % |
Economic value added (EVA) | - 425.66 | 252.03 | 651.61 | 128.25 | 127.85 |
Solvency | |||||
Equity ratio | 87.4 % | 89.4 % | 89.1 % | 90.2 % | 92.5 % |
Gearing | |||||
Relative net indebtedness % | 5.4 % | 4.8 % | 2.8 % | 6.0 % | 5.6 % |
Liquidity | |||||
Quick ratio | 4.5 | 5.5 | 7.0 | 8.2 | 11.1 |
Current ratio | 6.5 | 8.0 | 8.6 | 10.0 | 13.2 |
Cash and cash equivalents | 215.00 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.1 | 1.5 | 0.0 | 1.4 | |
Net working capital % | 29.8 % | 33.2 % | 40.9 % | 53.7 % | 68.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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