NORTHCOAST SEAFOODS DK A/S — Credit Rating and Financial Key Figures

CVR number: 29197202
Nordre Ringgade 5, 9330 Dronninglund
tel: 98847401

Company information

Official name
NORTHCOAST SEAFOODS DK A/S
Personnel
7 persons
Established
2005
Company form
Limited company
Industry

About NORTHCOAST SEAFOODS DK A/S

NORTHCOAST SEAFOODS DK A/S (CVR number: 29197202) is a company from Brønderslev. The company reported a net sales of 518.3 mDKK in 2024, demonstrating a decline of -4.2 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 14.4 mDKK), while net earnings were 10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.5 %, 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. NORTHCOAST SEAFOODS DK 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales350.21417.17453.19540.88518.34
Gross profit350.21417.17453.1914.7921.70
EBIT5.1912.0213.398.7714.45
Net earnings3.1010.9213.506.2010.44
Shareholders equity total40.8148.6451.2443.9448.19
Balance sheet total (assets)114.42161.18206.56211.63181.56
Net debt64.1554.97
Profitability
EBIT-%1.5 %2.9 %3.0 %1.6 %2.8 %
ROA3.1 %8.7 %7.3 %5.6 %8.5 %
ROE7.9 %24.4 %27.0 %13.0 %22.7 %
ROI3.1 %8.7 %7.3 %7.4 %15.8 %
Economic value added (EVA)3.299.9710.944.2010.02
Solvency
Equity ratio100.0 %100.0 %100.0 %20.7 %26.5 %
Gearing146.0 %114.1 %
Relative net indebtedness %31.0 %25.7 %
Liquidity
Quick ratio0.20.6
Current ratio1.21.2
Cash and cash equivalents0.00
Capital use efficiency
Trade debtors turnover (days)22.250.8
Net working capital %4.8 %6.4 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:8.51%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.5%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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