Njord Seafoods IVS — Credit Rating and Financial Key Figures

Njord Seafoods IVS (CVR number: 37044318) is a company from ODENSE. The company recorded a gross profit of 52.9 kDKK in 2016. The operating profit was -67.2 kDKK, while net earnings were -68.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -226.1 %, which can be considered poor and Return on Equity (ROE) was -350.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Njord Seafoods IVS's liquidity measured by quick ratio was 2.9 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.