Rømø Seafood A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Rømø Seafood A/S
Rømø Seafood A/S (CVR number: 21746843) is a company from HEDENSTED. The company recorded a gross profit of 79.2 kDKK in 2022. The operating profit was -16.6 kDKK, while net earnings were 405.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 46.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.4 %, 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. Rømø Seafood A/S's liquidity measured by quick ratio was 29.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 798.25 | -1 061.03 | 4 317.85 | - 201.19 | 79.18 |
EBIT | - 931.33 | -1 726.49 | 3 864.89 | - 209.46 | -16.58 |
Net earnings | -1 060.56 | -1 732.79 | 3 052.25 | -47.73 | 405.53 |
Shareholders equity total | 67.14 | -1 665.66 | 716.68 | 668.95 | 1 074.48 |
Balance sheet total (assets) | 3 916.82 | 2 747.63 | 4 365.01 | 1 932.07 | 1 939.57 |
Net debt | 383.69 | 1 545.09 | -3 233.25 | 0.93 | 1.26 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.9 % | -41.0 % | 88.1 % | -6.7 % | 9.6 % |
ROE | -177.5 % | -123.1 % | 176.2 % | -6.9 % | 46.5 % |
ROI | -21.2 % | -48.3 % | 102.9 % | -7.2 % | 10.0 % |
Economic value added (EVA) | -1 000.83 | -1 701.76 | 3 187.05 | 27.85 | -45.37 |
Solvency | |||||
Equity ratio | 1.7 % | -37.7 % | 16.4 % | 34.6 % | 55.4 % |
Gearing | 2412.0 % | -94.9 % | 139.1 % | 0.2 % | 0.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 0.3 | 3.3 | 15.8 | 29.8 |
Current ratio | 1.2 | 0.3 | 3.3 | 15.8 | 29.8 |
Cash and cash equivalents | 1 235.59 | 35.38 | 4 230.44 | 0.29 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | B |
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