SCANDINAVIAN SEAFOOD LTD. ApS — Credit Rating and Financial Key Figures

CVR number: 13636672
Pøtvej 7, Østrup 7130 Juelsminde

Company information

Official name
SCANDINAVIAN SEAFOOD LTD. ApS
Personnel
2 persons
Established
1989
Domicile
Østrup
Company form
Private limited company
Industry

About SCANDINAVIAN SEAFOOD LTD. ApS

SCANDINAVIAN SEAFOOD LTD. ApS (CVR number: 13636672) is a company from HEDENSTED. The company reported a net sales of 23.6 mDKK in 2023, demonstrating a decline of -15.4 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 0.6 mDKK), while net earnings were 579.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 81.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SCANDINAVIAN SEAFOOD LTD. ApS's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales27 948.5413 176.1023 514.4727 933.6523 632.69
Gross profit2 392.352 020.442 026.244 198.802 321.91
EBIT565.51360.40419.512 422.95630.38
Net earnings424.56146.54270.591 849.69579.83
Shareholders equity total9 650.479 397.019 667.5911 517.2911 797.12
Balance sheet total (assets)11 997.8112 187.3611 955.4415 932.4914 550.67
Net debt180.392 362.41-1 804.21-4 488.45-3 752.62
Profitability
EBIT-%2.0 %2.7 %1.8 %8.7 %2.7 %
ROA4.4 %3.0 %3.5 %17.4 %5.2 %
ROE4.5 %1.5 %2.8 %17.5 %5.0 %
ROI5.0 %3.1 %3.6 %19.2 %5.6 %
Economic value added (EVA)105.80-70.60-45.161 688.51382.92
Solvency
Equity ratio80.4 %77.1 %80.9 %72.3 %81.1 %
Gearing16.8 %26.2 %16.4 %21.8 %20.7 %
Relative net indebtedness %3.2 %20.4 %-4.7 %-9.3 %-14.7 %
Liquidity
Quick ratio1.00.42.22.12.6
Current ratio3.02.73.22.53.3
Cash and cash equivalents1 441.07104.293 389.297 000.936 192.27
Capital use efficiency
Trade debtors turnover (days)6.923.322.028.89.3
Net working capital %17.0 %35.1 %21.7 %23.3 %26.4 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:5.19%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.1%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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