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HIRTSHALS SEAFOOD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HIRTSHALS SEAFOOD A/S
HIRTSHALS SEAFOOD A/S (CVR number: 11160808) is a company from HJØRRING. The company recorded a gross profit of 27.3 mDKK in 2025. The operating profit was -1613.4 kDKK, while net earnings were -2284.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -15.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.2 %, 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 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 14 136.18 | 15 260.72 | 17 961.71 | 24 967.47 | 27 337.77 |
| EBIT | -1 733.90 | 367.45 | 1 382.46 | - 994.83 | -1 613.41 |
| Net earnings | -1 848.96 | 158.51 | 878.81 | -1 831.83 | -2 284.68 |
| Shareholders equity total | 15 309.95 | 15 468.46 | 16 079.12 | 16 247.30 | 13 962.62 |
| Balance sheet total (assets) | 29 630.05 | 34 934.67 | 41 520.40 | 58 136.53 | 51 398.67 |
| Net debt | 4 063.53 | 7 107.22 | 9 035.30 | 21 131.47 | 19 069.66 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -4.9 % | 1.2 % | 3.7 % | -1.8 % | -2.8 % |
| ROE | -12.2 % | 1.0 % | 5.6 % | -11.3 % | -15.1 % |
| ROI | -6.4 % | 1.7 % | 5.5 % | -2.6 % | -4.0 % |
| Economic value added (EVA) | -3 037.35 | - 609.82 | 147.40 | -2 264.92 | -3 508.04 |
| Solvency | |||||
| Equity ratio | 51.7 % | 44.3 % | 38.7 % | 27.9 % | 27.2 % |
| Gearing | 27.0 % | 47.5 % | 57.8 % | 132.1 % | 142.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.3 | 0.3 | 0.3 | 0.6 |
| Current ratio | 1.3 | 1.3 | 1.2 | 0.9 | 1.1 |
| Cash and cash equivalents | 74.60 | 243.26 | 252.53 | 325.18 | 873.11 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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