ERLING GRØNKJÆR FISKEEKSPORT A/S — Credit Rating and Financial Key Figures

CVR number: 15681896
Fibigers Gade 8, 7730 Hanstholm
Free credit report Annual report

Credit rating

Company information

Official name
ERLING GRØNKJÆR FISKEEKSPORT A/S
Personnel
20 persons
Established
1991
Company form
Limited company
Industry

About ERLING GRØNKJÆR FISKEEKSPORT A/S

ERLING GRØNKJÆR FISKEEKSPORT A/S (CVR number: 15681896) is a company from THISTED. The company recorded a gross profit of 11.1 mDKK in 2023. The operating profit was 4171.8 kDKK, while net earnings were 3289.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.4 %, which can be considered excellent and Return on Equity (ROE) was 115.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.9 %, 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. ERLING GRØNKJÆR FISKEEKSPORT A/S's liquidity measured by quick ratio was 1.7 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 profit5 911.765 871.386 490.787 979.7311 070.84
EBIT1 069.73788.53802.031 851.414 171.78
Net earnings831.29638.44605.311 422.173 289.20
Shareholders equity total1 658.171 465.311 278.601 922.173 789.20
Balance sheet total (assets)5 775.815 075.024 176.905 014.567 750.55
Net debt-22.40-1 240.14-1 232.52-1 409.24-2 590.04
Profitability
EBIT-%
ROA16.4 %15.1 %17.3 %40.3 %66.4 %
ROE37.5 %40.9 %44.1 %88.9 %115.2 %
ROI25.1 %28.9 %46.1 %94.8 %132.2 %
Economic value added (EVA)832.84638.40607.771 437.333 221.81
Solvency
Equity ratio28.7 %28.9 %30.6 %38.3 %48.9 %
Gearing124.9 %0.2 %0.2 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.91.31.7
Current ratio1.10.91.01.31.8
Cash and cash equivalents2 093.431 242.491 234.861 415.452 590.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:66.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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