AVANNAA SEAFOOD ApS — Credit Rating and Financial Key Figures

AVANNAA SEAFOOD ApS (CVR number: 12757859K) is a company from SERMERSOOQ. The company recorded a gross profit of 11.8 mDKK in 2017. The operating profit was 2107.9 kDKK, while net earnings were 1227.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39 %, 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. AVANNAA SEAFOOD ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.