Billund Aquaculture Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Billund Aquaculture Holding A/S
Billund Aquaculture Holding A/S (CVR number: 38541242K) is a company from BILLUND. The company reported a net sales of 515 mDKK in 2021, demonstrating a growth of 26.2 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 6.1 mDKK), while net earnings were -1508 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.9 %, 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. Billund Aquaculture Holding A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 456.44 | 435.52 | 408.03 | 515.00 | |
Gross profit | 43.55 | 80.04 | 77.22 | 117.09 | 150.43 |
EBIT | 9.52 | 12.20 | -17.02 | -14.76 | 6.13 |
Net earnings | 5.25 | 8.01 | -14.59 | -18.68 | -1.51 |
Shareholders equity total | 60.45 | 67.84 | 53.25 | 75.05 | 115.94 |
Balance sheet total (assets) | 136.31 | 165.32 | 190.79 | 272.33 | 258.17 |
Net debt | 15.24 | 2.87 | 25.50 | 59.08 | 47.89 |
Profitability | |||||
EBIT-% | 2.7 % | -3.9 % | -3.6 % | 1.2 % | |
ROA | 7.0 % | 8.3 % | -9.3 % | -6.2 % | 2.5 % |
ROE | 9.0 % | 12.9 % | -25.0 % | -30.5 % | -1.6 % |
ROI | 11.6 % | 14.0 % | -17.3 % | -11.2 % | 3.9 % |
Economic value added (EVA) | 6.42 | 6.90 | -15.99 | -16.38 | 2.74 |
Solvency | |||||
Equity ratio | 44.3 % | 41.0 % | 27.9 % | 27.6 % | 44.9 % |
Gearing | 28.0 % | 27.0 % | 61.8 % | 93.7 % | 43.3 % |
Relative net indebtedness % | 16.3 % | 29.4 % | 43.3 % | 24.2 % | |
Liquidity | |||||
Quick ratio | 1.6 | 1.4 | 0.7 | 1.0 | 1.4 |
Current ratio | 1.8 | 1.7 | 1.0 | 1.1 | 1.6 |
Cash and cash equivalents | 1.70 | 15.43 | 7.41 | 11.22 | 2.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 42.3 | 25.0 | 83.5 | 37.6 | |
Net working capital % | 12.8 % | -0.7 % | 5.6 % | 14.1 % | |
Credit risk | |||||
Credit rating | A | AA | A | A | AA |
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