INUGHUIT SEAFOOD A/S — Credit Rating and Financial Key Figures

CVR number: 12748329
Qaanaaq 280, 3971 Qaanaaq

Credit rating

Company information

Official name
INUGHUIT SEAFOOD A/S
Established
2014
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales10 660.008 459.008 295.007 305.006 475.00
Gross profit2 126.002 991.002 727.002 013.001 703.00
EBIT- 246.00645.001 140.00453.00486.00
Net earnings629.00143.00545.00324.00324.00
Shareholders equity total4 098.003 741.004 286.004 610.004 934.00
Balance sheet total (assets)4 691.004 183.004 811.005 111.005 336.00
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 %
ROE15.6 %3.6 %13.6 %7.3 %6.8 %
ROI-6.1 %16.3 %28.0 %10.0 %10.1 %
Economic value added (EVA)- 425.66252.03651.61128.25127.85
Solvency
Equity ratio87.4 %89.4 %89.1 %90.2 %92.5 %
Gearing
Relative net indebtedness %5.4 %4.8 %2.8 %6.0 %5.6 %
Liquidity
Quick ratio4.55.57.08.211.1
Current ratio6.58.08.610.013.2
Cash and cash equivalents215.00
Capital use efficiency
Trade debtors turnover (days)0.11.50.01.4
Net working capital %29.8 %33.2 %40.9 %53.7 %68.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.30%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.5%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

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