SIGMA SEAFOOD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SIGMA SEAFOOD ApS
SIGMA SEAFOOD ApS (CVR number: 16927937) is a company from ESBJERG. The company recorded a gross profit of 563.1 kDKK in 2018. The operating profit was -1558 kDKK, while net earnings were -1790.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.9 %, which can be considered poor and Return on Equity (ROE) was -35.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -10.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SIGMA SEAFOOD ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 2 208.87 | 2 886.81 | 563.07 |
| EBIT | 272.05 | 691.82 | -1 558.01 |
| Net earnings | 97.57 | 90.77 | -1 790.09 |
| Shareholders equity total | 553.45 | 644.23 | -1 145.86 |
| Balance sheet total (assets) | 4 516.84 | 7 889.07 | 9 322.71 |
| Net debt | 1 610.10 | 4 852.78 | 5 514.99 |
| Profitability | |||
| EBIT-% | |||
| ROA | 6.2 % | 11.4 % | -15.9 % |
| ROE | 17.6 % | 15.2 % | -35.9 % |
| ROI | 13.0 % | 18.5 % | -26.4 % |
| Economic value added (EVA) | 170.79 | 380.36 | -1 603.19 |
| Solvency | |||
| Equity ratio | 12.3 % | 8.2 % | -10.9 % |
| Gearing | 290.9 % | 753.3 % | -482.7 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.5 | 0.8 | 0.6 |
| Current ratio | 1.1 | 1.1 | 0.9 |
| Cash and cash equivalents | 16.19 | ||
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BBB | BB |
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