MAREL SALMON A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAREL SALMON A/S
MAREL SALMON A/S (CVR number: 66309711) is a company from REBILD. The company reported a net sales of 556.6 mDKK in 2024, demonstrating a decline of -7 % compared to the previous year. The operating profit percentage was poor at -6.3 % (EBIT: -35 mDKK), while net earnings were -33.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, which can be considered poor and Return on Equity (ROE) was -30.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26 %, 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. MAREL SALMON A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 450.18 | 480.58 | 592.13 | 598.23 | 556.62 |
Gross profit | 100.98 | 101.02 | 149.63 | 123.24 | 82.19 |
EBIT | 26.26 | 30.35 | 30.00 | 14.79 | -34.98 |
Net earnings | 19.13 | 23.71 | 22.58 | 4.84 | -33.23 |
Shareholders equity total | 112.63 | 126.34 | 133.92 | 128.76 | 90.52 |
Balance sheet total (assets) | 358.02 | 417.65 | 533.99 | 443.75 | 366.69 |
Net debt | 79.31 | 84.91 | 36.71 | 36.80 | |
Profitability | |||||
EBIT-% | 5.8 % | 6.3 % | 5.1 % | 2.5 % | -6.3 % |
ROA | 7.2 % | 8.1 % | 6.5 % | 3.0 % | -8.4 % |
ROE | 15.5 % | 19.8 % | 17.3 % | 3.7 % | -30.3 % |
ROI | 7.2 % | 9.6 % | 11.1 % | 6.1 % | -17.1 % |
Economic value added (EVA) | 19.55 | 18.80 | 8.66 | -2.41 | -39.98 |
Solvency | |||||
Equity ratio | 100.0 % | 32.2 % | 30.6 % | 32.0 % | 26.0 % |
Gearing | 104.0 % | 64.9 % | 35.8 % | 52.8 % | |
Relative net indebtedness % | 43.1 % | 60.1 % | 44.9 % | 41.8 % | |
Liquidity | |||||
Quick ratio | 1.4 | 1.0 | 1.2 | 0.7 | |
Current ratio | 1.9 | 1.5 | 2.2 | 1.7 | |
Cash and cash equivalents | 52.05 | 1.95 | 9.43 | 11.02 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.6 | 53.1 | 13.3 | 18.5 | |
Net working capital % | 29.8 % | 23.9 % | 28.6 % | 19.2 % | |
Credit risk | |||||
Credit rating | BBB | AAA | A | AA | BBB |
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