Fjord Seafood A/S — Credit Rating and Financial Key Figures

Fjord Seafood A/S (CVR number: 35254978) is a company from THISTED. The company recorded a gross profit of 13.2 mDKK in 2022. The operating profit was 1583.9 kDKK, while net earnings were 1242 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 40.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.9 %, 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. Fjord Seafood A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.