Credit rating
Company information
About Kattegat Seafood ApS
Kattegat Seafood ApS (CVR number: 39070839) is a company from NORDDJURS. The company recorded a gross profit of 1707.4 kDKK in 2024. The operating profit was 71 kDKK, while net earnings were -21.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. Kattegat Seafood ApS's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 226.10 | 6 881.55 | 4 850.35 | 2 503.76 | 1 707.36 |
EBIT | 2 049.02 | 4 229.58 | 2 382.93 | 582.99 | 70.96 |
Net earnings | 1 505.04 | 3 176.01 | 1 719.17 | 63.54 | -21.77 |
Shareholders equity total | 2 057.55 | 5 233.55 | 6 952.72 | 7 016.27 | 2 494.50 |
Balance sheet total (assets) | 11 903.87 | 13 506.76 | 11 959.52 | 9 818.67 | 5 573.27 |
Net debt | 3 927.09 | 4 905.62 | 2 934.56 | 25.07 | 175.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.1 % | 33.8 % | 19.0 % | 5.4 % | 1.8 % |
ROE | 115.3 % | 87.1 % | 28.2 % | 0.9 % | -0.5 % |
ROI | 30.0 % | 50.7 % | 23.0 % | 6.5 % | 2.7 % |
Economic value added (EVA) | 1 571.48 | 3 196.83 | 1 598.83 | 117.76 | - 297.03 |
Solvency | |||||
Equity ratio | 17.3 % | 38.7 % | 58.1 % | 71.5 % | 44.8 % |
Gearing | 192.0 % | 94.2 % | 45.9 % | 0.4 % | 8.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.5 | 0.6 | 2.3 | 1.1 |
Current ratio | 1.0 | 1.4 | 1.9 | 2.7 | 1.1 |
Cash and cash equivalents | 22.92 | 23.21 | 255.21 | 4.53 | 35.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | AA | AA | A | BBB |
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