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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 386.2 kDKK in 2024. The operating profit was -3.9 kDKK, while net earnings were -3.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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 2.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 488.64 | 631.99 | 211.02 | 177.64 | 386.16 |
| EBIT | 95.33 | 194.08 | - 208.55 | - 184.65 | -3.89 |
| Net earnings | 68.56 | 142.62 | - 164.73 | - 230.25 | -3.89 |
| Shareholders equity total | 426.01 | 568.64 | 403.90 | 173.65 | 169.76 |
| Balance sheet total (assets) | 1 491.87 | 1 415.78 | 575.12 | 305.65 | 309.74 |
| Net debt | - 171.18 | -1 132.48 | - 336.58 | - 139.25 | -82.32 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 5.6 % | 13.3 % | -21.0 % | -41.9 % | -1.3 % |
| ROE | 17.5 % | 28.7 % | -33.9 % | -79.7 % | -2.3 % |
| ROI | 11.6 % | 24.0 % | -30.8 % | -47.8 % | -1.7 % |
| Economic value added (EVA) | 30.90 | 109.91 | - 204.54 | - 257.05 | -15.89 |
| Solvency | |||||
| Equity ratio | 29.2 % | 41.2 % | 70.2 % | 56.8 % | 54.8 % |
| Gearing | 87.8 % | 44.2 % | 32.0 % | 37.6 % | 34.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.7 | 3.4 | 2.3 | 2.2 |
| Current ratio | 1.4 | 1.7 | 3.4 | 2.3 | 2.2 |
| Cash and cash equivalents | 545.20 | 1 383.88 | 466.03 | 204.52 | 140.92 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BB | BBB |
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