Fiskeriselskabet Rønnov IVS — Credit Rating and Financial Key Figures

CVR number: 36976896
Odensevej 127, 5400 Bogense
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Company information

Official name
Fiskeriselskabet Rønnov IVS
Personnel
9 persons
Established
2015
Company form
Entrepreneurial limited company
Industry

About Fiskeriselskabet Rønnov IVS

Fiskeriselskabet Rønnov IVS (CVR number: 36976896) is a company from NORDFYNS. The company recorded a gross profit of 1052 kDKK in 2018. The operating profit was -339.9 kDKK, while net earnings were -471.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14 %, which can be considered poor and Return on Equity (ROE) was -22.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fiskeriselskabet Rønnov IVS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit338.68924.741 052.05
EBIT- 529.62190.54- 339.92
Net earnings- 580.61162.04- 471.66
Shareholders equity total- 580.61- 418.57- 241.61
Balance sheet total (assets)1 574.651 641.252 559.19
Net debt336.13308.23553.57
Profitability
EBIT-%
ROA-24.6 %9.0 %-14.0 %
ROE-36.9 %10.1 %-22.5 %
ROI-96.3 %26.5 %-40.2 %
Economic value added (EVA)- 529.62219.75- 318.87
Solvency
Equity ratio-26.9 %-20.3 %-8.6 %
Gearing-58.0 %-73.7 %-250.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.1
Current ratio0.00.00.1
Cash and cash equivalents0.750.2252.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-14.0%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.63%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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