Billund Aquaculture Holding A/S — Credit Rating and Financial Key Figures

CVR number: 38541242
Montanavej 2, Billund 7190 Billund

Company information

Official name
Billund Aquaculture Holding A/S
Established
2017
Domicile
Billund
Company form
Limited company
Industry

About Billund Aquaculture Holding A/S

Billund Aquaculture Holding A/S (CVR number: 38541242) is a company from BILLUND. The company recorded a gross profit of -20 kDKK in 2023. The operating profit was -20 kDKK, while net earnings were -69.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -155.4 %, which can be considered poor and Return on Equity (ROE) was -331.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -98.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Billund Aquaculture Holding A/S's liquidity measured by quick ratio was 0 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-11.00-20.00-37.00-21.00-20.00
EBIT-11.00-20.00-37.00-21.00-20.00
Net earnings-15 181.00-18 987.00-1 670.00-90 658.00-69 255.00
Shareholders equity total50 774.0071 545.00111 669.0041 557.00-15 025.00
Balance sheet total (assets)50 849.0071 568.00111 771.0061 579.00214.00
Net debt-40.00-20.00-73.00- 490.0010 001.00
Profitability
EBIT-%
ROA-25.9 %-31.0 %-1.7 %-104.6 %-155.4 %
ROE-26.0 %-31.0 %-1.8 %-118.3 %-331.6 %
ROI-25.9 %-31.0 %-1.7 %-118.3 %-230.6 %
Economic value added (EVA)314.22- 333.81- 353.20- 395.16986.11
Solvency
Equity ratio99.9 %100.0 %99.9 %67.5 %-98.6 %
Gearing-68.0 %
Relative net indebtedness %
Liquidity
Quick ratio84.8284.774.722.30.0
Current ratio84.8284.774.722.30.0
Cash and cash equivalents40.0020.0073.00490.00214.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBB

Variable visualization

ROA:-155.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-98.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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