ROYAL FISH DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 20601302
Havnen 43, 7700 Thisted
ha@royalfish.dk
tel: 96172200
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Company information

Official name
ROYAL FISH DENMARK A/S
Personnel
18 persons
Established
1998
Company form
Limited company
Industry

About ROYAL FISH DENMARK A/S

ROYAL FISH DENMARK A/S (CVR number: 20601302) is a company from THISTED. The company recorded a gross profit of 9685.8 kDKK in 2023. The operating profit was 604.7 kDKK, while net earnings were 147.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. ROYAL FISH DENMARK 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 332.8112 043.4810 045.279 554.449 685.75
EBIT2 694.664 842.001 693.60- 101.46604.74
Net earnings2 132.033 806.971 290.79- 290.02147.20
Shareholders equity total10 132.0311 806.979 290.787 709.987 857.18
Balance sheet total (assets)23 308.9325 569.7724 786.8726 878.4626 535.75
Net debt4 308.302 677.046 831.8610 498.279 858.34
Profitability
EBIT-%
ROA12.0 %20.3 %7.0 %0.1 %2.4 %
ROE20.8 %34.7 %12.2 %-3.4 %1.9 %
ROI19.3 %33.4 %11.2 %-0.6 %3.6 %
Economic value added (EVA)1 577.393 268.10674.63- 591.8129.94
Solvency
Equity ratio43.5 %46.2 %37.5 %28.7 %29.6 %
Gearing42.5 %22.7 %73.5 %137.0 %125.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.81.51.31.3
Current ratio1.61.81.61.41.3
Cash and cash equivalents60.994.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:2.45%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.6%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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