First Seafood Hvide Sande A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About First Seafood Hvide Sande A/S
First Seafood Hvide Sande A/S (CVR number: 34093180) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 12.1 mDKK in 2024. The operating profit was -6459 kDKK, while net earnings were -6831.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.3 %, which can be considered poor and Return on Equity (ROE) was -24.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.7 %, 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. First Seafood Hvide Sande A/S's liquidity measured by quick ratio was 1.3 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 | 18 078.00 | 23 881.00 | 18 773.10 | 19 396.75 | 12 102.49 |
EBIT | -2 040.00 | 2 828.00 | -5 439.94 | -8 086.46 | -6 459.01 |
Net earnings | -2 376.00 | 1 387.00 | -5 665.46 | -8 744.33 | -6 831.88 |
Shareholders equity total | -7 119.00 | -5 731.00 | -11 396.87 | -2 141.20 | 11 026.92 |
Balance sheet total (assets) | 33 068.00 | 36 014.00 | 54 644.73 | 45 654.55 | 35 966.62 |
Net debt | 54 361.31 | 38 668.17 | 16 928.94 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -6.2 % | 6.9 % | -10.1 % | -14.2 % | -15.3 % |
ROE | 40.1 % | -21.6 % | -23.2 % | -17.4 % | -24.1 % |
ROI | -6.2 % | 6.9 % | -6.9 % | -10.5 % | -18.9 % |
Economic value added (EVA) | -1 801.66 | 3 185.73 | -3 950.94 | -11 548.14 | -6 872.66 |
Solvency | |||||
Equity ratio | -17.3 % | -4.5 % | 30.7 % | ||
Gearing | -477.0 % | -1807.5 % | 162.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.9 | 0.5 | 1.3 | ||
Current ratio | 9.3 | 0.7 | 1.8 | ||
Cash and cash equivalents | 34.02 | 1 036.53 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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