NORDIC SEAFOOD A/S
Credit rating
Company information
About the company
NORDIC SEAFOOD A/S (CVR number: 11142141) is a company from HJØRRING. The company reported a net sales of 1939.4 mDKK in 2023, demonstrating a decline of -11.1 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 56.1 mDKK), while net earnings were 36.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40.6 %, 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. 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 2 181 745.00 | 1 939 398.00 |
Gross profit | 119 384.00 | 115 952.00 |
EBIT | 58 565.00 | 56 147.00 |
Net earnings | 67 861.00 | 36 765.00 |
Shareholders equity total | 448 253.00 | 449 122.00 |
Balance sheet total (assets) | 1 268 812.00 | 1 106 389.00 |
Net debt | 640 110.00 | 485 283.00 |
Profitability | ||
EBIT-% | 2.7 % | 2.9 % |
ROA | 7.1 % | 5.7 % |
ROE | 15.1 % | 8.2 % |
ROI | 8.1 % | 6.5 % |
Economic value added (EVA) | 45 639.44 | 33 153.23 |
Solvency | ||
Equity ratio | 35.3 % | 40.6 % |
Gearing | 142.8 % | 113.0 % |
Relative net indebtedness % | 37.5 % | 32.6 % |
Liquidity | ||
Quick ratio | 0.6 | 0.6 |
Current ratio | 1.3 | 1.3 |
Cash and cash equivalents | 86.00 | 22 366.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 49.5 | 49.1 |
Net working capital % | 11.5 % | 9.9 % |
Credit risk | ||
Credit rating | A | A |
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