NORDIC SEAFOOD A/S

CVR number: 11142141
Søren Nordbysvej 15, 9850 Hirtshals
tel: 98945233

Credit rating

Company information

Official name
NORDIC SEAFOOD A/S
Personnel
87 persons
Established
1987
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

NORDIC SEAFOOD A/S (CVR number: 11142141K) is a company from HJØRRING. The company reported a net sales of 3280.5 mDKK in 2023, demonstrating a decline of -11.4 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 84.3 mDKK), while net earnings were 45.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NORDIC SEAFOOD A/S'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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales2 924.262 665.843 174.063 703.663 280.45
Gross profit172.64149.98221.08233.22192.19
EBIT76.4855.11107.95117.3284.26
Net earnings53.3839.4080.0782.4845.61
Shareholders equity total381.58389.69462.05497.02470.03
Balance sheet total (assets)1 109.02999.461 240.241 458.001 390.33
Net debt606.55525.03
Profitability
EBIT-%2.6 %2.1 %3.4 %3.2 %2.6 %
ROA6.9 %5.2 %9.6 %9.1 %6.3 %
ROE14.4 %10.2 %18.8 %18.1 %10.4 %
ROI10.1 %13.2 %23.7 %14.5 %7.9 %
Economic value added (EVA)43.4825.6166.5371.8140.91
Solvency
Equity ratio34.4 %39.0 %37.3 %34.1 %33.8 %
Gearing123.2 %118.2 %
Relative net indebtedness %24.8 %22.8 %24.4 %25.7 %25.6 %
Liquidity
Quick ratio1.51.61.60.60.6
Current ratio1.51.61.61.51.5
Cash and cash equivalents5.9530.63
Capital use efficiency
Trade debtors turnover (days)50.351.4
Net working capital %11.7 %13.3 %13.5 %12.2 %11.7 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:6.31%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.8%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

Build time: 2024-10-04T14:01:21.465Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.