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Pelagic Greenland A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Pelagic Greenland A/S
Pelagic Greenland A/S (CVR number: 12842465) is a company from SERMERSOOQ. The company reported a net sales of 148.6 mDKK in 2025, demonstrating a growth of 278.6 % compared to the previous year. The operating profit percentage was at 32.5 % (EBIT: 48.3 mDKK), while net earnings were 47.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.4 %, which can be considered excellent and Return on Equity (ROE) was 43.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.2 %, 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. Pelagic Greenland A/S's liquidity measured by quick ratio was 0.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 107.41 | 85.79 | 140.72 | 39.25 | 148.59 |
| Gross profit | 107.49 | 37.16 | 102.16 | 19.05 | 119.53 |
| EBIT | 16.84 | -0.05 | 48.09 | -30.77 | 48.29 |
| Net earnings | 9.87 | -3.18 | 29.29 | -45.43 | 47.26 |
| Shareholders equity total | 14.49 | 11.31 | 40.61 | -4.83 | 42.44 |
| Balance sheet total (assets) | 178.27 | 181.40 | 183.91 | 172.69 | 175.46 |
| Net debt | 148.25 | 157.37 | 126.79 | 163.67 | 116.25 |
| Profitability | |||||
| EBIT-% | 15.7 % | -0.1 % | 34.2 % | -78.4 % | 32.5 % |
| ROA | 9.3 % | -0.0 % | 26.3 % | -17.0 % | 27.4 % |
| ROE | 103.2 % | -24.6 % | 112.8 % | -42.6 % | 43.9 % |
| ROI | 9.8 % | -0.0 % | 28.6 % | -18.6 % | 30.0 % |
| Economic value added (EVA) | 3.36 | -8.22 | 26.37 | -44.77 | 47.60 |
| Solvency | |||||
| Equity ratio | 8.1 % | 6.2 % | 22.1 % | -2.7 % | 24.2 % |
| Gearing | 1022.9 % | 1390.9 % | 312.2 % | -3392.1 % | 273.9 % |
| Relative net indebtedness % | 152.5 % | 198.2 % | 101.8 % | 452.3 % | 89.5 % |
| Liquidity | |||||
| Quick ratio | 0.4 | 0.3 | 0.4 | 0.1 | 0.5 |
| Current ratio | 0.5 | 0.4 | 0.5 | 0.2 | 0.6 |
| Cash and cash equivalents | 0.00 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 34.5 | 61.2 | 0.9 | ||
| Net working capital % | -31.3 % | -43.9 % | -14.2 % | -168.6 % | -12.0 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | A | BB | BB |
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