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NORDIC SEAFOOD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC SEAFOOD A/S
NORDIC SEAFOOD A/S (CVR number: 11142141K) is a company from HJØRRING. The company reported a net sales of 3653.6 mDKK in 2025, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 136.9 mDKK), while net earnings were 94.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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 0.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 3 174.06 | 3 703.66 | 3 280.45 | 3 504.67 | 3 653.64 |
| Gross profit | 221.08 | 233.22 | 192.19 | 264.68 | 283.57 |
| EBIT | 107.95 | 117.32 | 84.26 | 129.22 | 136.90 |
| Net earnings | 80.07 | 82.48 | 45.61 | 83.23 | 94.74 |
| Shareholders equity total | 462.05 | 497.02 | 470.03 | 533.74 | 570.84 |
| Balance sheet total (assets) | 1 240.24 | 1 458.00 | 1 390.33 | 1 297.13 | 1 455.77 |
| Net debt | 363.65 | 475.90 | |||
| Profitability | |||||
| EBIT-% | 3.4 % | 3.2 % | 2.6 % | 3.7 % | 3.7 % |
| ROA | 9.6 % | 8.7 % | 5.9 % | 9.8 % | 10.2 % |
| ROE | 18.8 % | 17.2 % | 9.4 % | 17.4 % | 18.8 % |
| ROI | 23.7 % | 23.1 % | 15.4 % | 16.3 % | 12.5 % |
| Economic value added (EVA) | 66.45 | 72.17 | 41.43 | 74.79 | 54.21 |
| Solvency | |||||
| Equity ratio | 37.3 % | 34.1 % | 33.8 % | 41.1 % | 39.2 % |
| Gearing | 80.3 % | 94.9 % | |||
| Relative net indebtedness % | 24.4 % | 25.9 % | 26.6 % | 18.2 % | 20.9 % |
| Liquidity | |||||
| Quick ratio | 1.6 | 1.5 | 1.5 | 0.9 | 0.7 |
| Current ratio | 1.6 | 1.5 | 1.5 | 1.7 | 1.6 |
| Cash and cash equivalents | 64.95 | 65.76 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 53.0 | 50.7 | |||
| Net working capital % | 13.5 % | 12.2 % | 11.7 % | 12.6 % | 13.1 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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