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 21.3 mDKK in 2023. The operating profit was 3139.9 kDKK, while net earnings were 1856.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 48.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Fjord Seafood A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.