First Seafood Hvide Sande A/S — Credit Rating and Financial Key Figures

CVR number: 34093180
Tungevej 2, 6960 Hvide Sande
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Credit rating

Company information

Official name
First Seafood Hvide Sande A/S
Personnel
28 persons
Established
2011
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit18 078.0023 881.0018 773.1019 396.7512 102.49
EBIT-2 040.002 828.00-5 439.94-8 086.46-6 459.01
Net earnings-2 376.001 387.00-5 665.46-8 744.33-6 831.88
Shareholders equity total-7 119.00-5 731.00-11 396.87-2 141.2011 026.92
Balance sheet total (assets)33 068.0036 014.0054 644.7345 654.5535 966.62
Net debt54 361.3138 668.1716 928.94
Profitability
EBIT-%
ROA-6.2 %6.9 %-10.1 %-14.2 %-15.3 %
ROE40.1 %-21.6 %-23.2 %-17.4 %-24.1 %
ROI-6.2 %6.9 %-6.9 %-10.5 %-18.9 %
Economic value added (EVA)-1 801.663 185.73-3 950.94-11 548.14-6 872.66
Solvency
Equity ratio-17.3 %-4.5 %30.7 %
Gearing-477.0 %-1807.5 %162.9 %
Relative net indebtedness %
Liquidity
Quick ratio5.90.51.3
Current ratio9.30.71.8
Cash and cash equivalents34.021 036.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-15.3%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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