ROYAL DANISH FISH GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ROYAL DANISH FISH GROUP A/S
ROYAL DANISH FISH GROUP A/S (CVR number: 25615484K) is a company from THISTED. The company recorded a gross profit of 8432.6 kDKK in 2019. The operating profit was 4265.3 kDKK, while net earnings were 393.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. ROYAL DANISH FISH GROUP A/S's liquidity measured by quick ratio was 0.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 28 566.70 | 21 761.06 | 9 959.84 | 8 432.59 |
EBIT | 21 089.58 | 16 121.84 | 5 372.83 | 4 265.30 |
Net earnings | 12 333.51 | 7 972.16 | 1 707.36 | 393.77 |
Shareholders equity total | 42 999.83 | 43 648.09 | 41 263.17 | 39 848.40 |
Balance sheet total (assets) | 80 330.82 | 85 007.24 | 101 650.73 | 100 992.97 |
Net debt | 23 399.22 | 28 627.36 | 44 416.08 | 47 937.89 |
Profitability | ||||
EBIT-% | ||||
ROA | 27.1 % | 20.6 % | 7.2 % | 4.9 % |
ROE | 28.7 % | 18.4 % | 4.0 % | 1.0 % |
ROI | 30.9 % | 23.3 % | 8.0 % | 5.4 % |
Economic value added (EVA) | 17 243.44 | 8 201.30 | 1 464.68 | 650.61 |
Solvency | ||||
Equity ratio | 53.5 % | 51.3 % | 40.6 % | 39.5 % |
Gearing | 63.5 % | 70.8 % | 115.4 % | 127.8 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.8 | 0.2 | 0.2 | 0.1 |
Current ratio | 3.0 | 1.5 | 1.7 | 1.4 |
Cash and cash equivalents | 3 894.34 | 2 262.99 | 3 204.70 | 2 979.35 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | AA | AA | AA | A |
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