Argo Seafood A/S — Credit Rating and Financial Key Figures

CVR number: 39955059
Bådebrogade 2, 6700 Esbjerg

Credit rating

Company information

Official name
Argo Seafood A/S
Personnel
3 persons
Established
2018
Company form
Limited company
Industry
  • Expand more icon463220

About Argo Seafood A/S

Argo Seafood A/S (CVR number: 39955059) is a company from ESBJERG. The company recorded a gross profit of 9207.3 kDKK in 2023. The operating profit was 6233.6 kDKK, while net earnings were 4870.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.5 %, which can be considered excellent and Return on Equity (ROE) was 43.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48 %, 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. Argo Seafood A/S's liquidity measured by quick ratio was 1.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 729.792 962.864 600.349 133.399 207.33
EBIT4 516.271 005.472 824.406 718.646 233.56
Net earnings3 244.36587.772 025.695 027.474 870.77
Shareholders equity total4 244.363 832.135 557.829 585.2912 956.06
Balance sheet total (assets)15 227.167 862.576 906.4118 898.6126 992.08
Net debt1 803.44-2 201.48-1 649.274 312.12-2 454.84
Profitability
EBIT-%
ROA29.7 %8.7 %38.2 %52.4 %28.5 %
ROE76.4 %14.6 %43.1 %66.4 %43.2 %
ROI48.1 %14.0 %53.5 %65.3 %39.4 %
Economic value added (EVA)3 483.58731.552 170.005 039.534 444.76
Solvency
Equity ratio34.8 %62.9 %80.5 %50.7 %48.0 %
Gearing121.2 %29.7 %0.4 %57.6 %39.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.24.92.01.6
Current ratio1.52.75.12.01.9
Cash and cash equivalents3 342.153 339.231 671.861 207.867 600.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:28.5%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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