Primo Seafood ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Primo Seafood ApS
Primo Seafood ApS (CVR number: 39386933) is a company from AALBORG. The company recorded a gross profit of 177.6 kDKK in 2023. The operating profit was -184.6 kDKK, while net earnings were -230.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.9 %, which can be considered poor and Return on Equity (ROE) was -79.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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. Primo Seafood ApS's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 742.66 | 488.64 | 631.99 | 211.02 | 177.64 |
EBIT | 321.66 | 95.33 | 194.08 | - 208.55 | - 184.65 |
Net earnings | 247.43 | 68.56 | 142.62 | - 164.73 | - 230.25 |
Shareholders equity total | 357.45 | 426.01 | 568.64 | 403.90 | 173.65 |
Balance sheet total (assets) | 1 938.52 | 1 491.87 | 1 415.78 | 575.12 | 305.65 |
Net debt | - 386.43 | - 171.18 | -1 132.48 | - 336.58 | - 139.25 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.9 % | 5.6 % | 13.3 % | -21.0 % | -41.9 % |
ROE | 105.9 % | 17.5 % | 28.7 % | -33.9 % | -79.7 % |
ROI | 41.3 % | 11.6 % | 24.0 % | -30.8 % | -47.8 % |
Economic value added (EVA) | 254.35 | 99.56 | 156.10 | - 122.37 | - 227.12 |
Solvency | |||||
Equity ratio | 18.4 % | 29.2 % | 41.2 % | 70.2 % | 56.8 % |
Gearing | 137.1 % | 87.8 % | 44.2 % | 32.0 % | 37.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 1.7 | 3.4 | 2.3 |
Current ratio | 1.2 | 1.4 | 1.7 | 3.4 | 2.3 |
Cash and cash equivalents | 876.34 | 545.20 | 1 383.88 | 466.03 | 204.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
Variable visualization
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