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

CVR number: 26898080
Munkevej 20 A, 7700 Thisted

Credit rating

Company information

Official name
ELITE SEAFOOD A/S
Personnel
15 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ELITE SEAFOOD A/S

ELITE SEAFOOD A/S (CVR number: 26898080) is a company from THISTED. The company recorded a gross profit of 8745.4 kDKK in 2023. The operating profit was 1665.2 kDKK, while net earnings were 4702.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELITE SEAFOOD A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 065.657 641.438 324.297 328.608 745.37
EBIT1 579.321 611.731 943.80628.081 665.22
Net earnings1 231.333 154.923 633.663 299.554 702.75
Shareholders equity total6 640.649 345.1111 070.7714 235.7118 965.52
Balance sheet total (assets)19 091.4015 397.0922 914.1835 893.4239 806.10
Net debt6 147.82676.576 303.7618 176.5817 498.89
Profitability
EBIT-%
ROA10.2 %21.7 %22.4 %13.0 %16.5 %
ROE17.5 %39.5 %35.6 %26.1 %28.3 %
ROI14.9 %31.8 %30.9 %15.2 %18.0 %
Economic value added (EVA)956.46965.861 252.13176.581 067.98
Solvency
Equity ratio34.8 %60.8 %48.3 %39.7 %47.6 %
Gearing97.3 %9.1 %58.7 %130.5 %93.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.42.11.71.41.1
Current ratio1.42.11.71.41.1
Cash and cash equivalents316.71177.40196.87400.65257.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:16.5%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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