FISH IN WEST ApS

CVR number: 28131097
Søndervej 32, 9990 Skagen

Credit rating

Company information

Official name
FISH IN WEST ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

FISH IN WEST ApS (CVR number: 28131097) is a company from FREDERIKSHAVN. The company recorded a gross profit of 281.9 kDKK in 2023. The operating profit was 200.9 kDKK, while net earnings were 181.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 24.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -61.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FISH IN WEST ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit388.2052.44122.25286.99281.86
EBIT140.38- 171.46118.97237.23200.90
Net earnings126.92- 195.6896.82213.67181.45
Shareholders equity total-1 653.14-1 848.82-1 751.99-1 538.33-1 356.88
Balance sheet total (assets)147.8929.88409.47644.63847.77
Net debt1 758.841 839.441 982.441 931.681 614.68
Profitability
EBIT-%
ROA8.3 %-9.3 %5.9 %10.9 %9.2 %
ROE145.8 %-220.2 %44.1 %40.5 %24.3 %
ROI8.4 %-9.4 %5.9 %11.0 %9.2 %
Economic value added (EVA)231.15-87.07214.09332.81290.17
Solvency
Equity ratio-91.8 %-98.4 %-81.1 %-70.5 %-61.5 %
Gearing-108.0 %-100.9 %-122.6 %-141.1 %-161.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.10.10.3
Current ratio0.10.00.10.10.3
Cash and cash equivalents26.2526.25166.03238.27576.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:9.16%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-61.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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