ROYAL DANISH FISH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ROYAL DANISH FISH A/S
ROYAL DANISH FISH A/S (CVR number: 25188489) is a company from THISTED. The company recorded a gross profit of 1076.3 kDKK in 2023. The operating profit was -2455.2 kDKK, while net earnings were -2179.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.2 %, 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. ROYAL DANISH FISH A/S's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 920.73 | 1 225.64 | 6 202.01 | 11 409.50 | 1 076.31 |
EBIT | 1 083.03 | - 624.34 | 3 357.47 | 8 211.41 | -2 455.21 |
Net earnings | 177.26 | -1 523.02 | 2 097.00 | 6 521.96 | -2 179.74 |
Shareholders equity total | 32 229.49 | 30 827.51 | 33 011.92 | 29 592.23 | 17 418.76 |
Balance sheet total (assets) | 74 983.08 | 76 642.03 | 53 279.81 | 44 162.32 | 30 992.84 |
Net debt | 37 609.99 | 40 372.32 | 2 912.56 | -6 296.29 | -1 259.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | -0.1 % | 6.0 % | 17.7 % | -5.1 % |
ROE | 0.6 % | -4.8 % | 6.6 % | 20.8 % | -9.3 % |
ROI | 2.5 % | -0.1 % | 6.5 % | 19.6 % | -5.7 % |
Economic value added (EVA) | - 933.95 | -2 444.28 | 382.60 | 5 172.89 | -3 017.81 |
Solvency | |||||
Equity ratio | 43.0 % | 40.2 % | 62.0 % | 67.0 % | 56.2 % |
Gearing | 116.7 % | 131.1 % | 43.3 % | 35.6 % | 52.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.3 | 3.5 | 5.2 | 1.8 |
Current ratio | 2.0 | 2.4 | 5.8 | 5.8 | 1.9 |
Cash and cash equivalents | 4.08 | 44.72 | 11 397.05 | 16 834.29 | 10 442.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | AA | BBB |
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