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

CVR number: 11160808
Østergade 56, 9850 Hirtshals
tel: 86300600

Credit rating

Company information

Official name
HIRTSHALS SEAFOOD A/S
Personnel
57 persons
Established
1987
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About HIRTSHALS SEAFOOD A/S

HIRTSHALS SEAFOOD A/S (CVR number: 11160808) is a company from HJØRRING. The company recorded a gross profit of 25 mDKK in 2024. The operating profit was -994.8 kDKK, while net earnings were -1831.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.9 %, 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. HIRTSHALS SEAFOOD A/S's liquidity measured by quick ratio was 0.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit13 538.9814 136.1815 260.7217 961.7124 968.33
EBIT-1 433.02-1 733.90367.451 382.46- 994.82
Net earnings-1 802.97-1 848.96158.51878.81-1 831.82
Shareholders equity total14 958.9115 309.9515 468.4616 079.1216 247.30
Balance sheet total (assets)38 710.6229 630.0534 934.6741 520.4058 136.53
Net debt14 125.724 063.537 107.229 035.3021 131.47
Profitability
EBIT-%
ROA-2.9 %-4.9 %1.2 %3.7 %-1.8 %
ROE-9.1 %-12.2 %1.0 %5.6 %-11.3 %
ROI-3.6 %-6.4 %1.7 %5.5 %-2.6 %
Economic value added (EVA)-2 652.00-2 314.97- 398.13528.99-1 785.51
Solvency
Equity ratio38.6 %51.7 %44.3 %38.7 %27.9 %
Gearing95.3 %27.0 %47.5 %57.8 %132.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.30.30.3
Current ratio1.11.31.31.20.9
Cash and cash equivalents125.0174.60243.26252.53325.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-1.78%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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