AMERICAN SEAFOODS EUROPE ApS — Credit Rating and Financial Key Figures

CVR number: 25898788
Vesterå 15, 9000 Aalborg
lisa.kjeldsen@americanseafoods.com
tel: 96320441

Credit rating

Company information

Official name
AMERICAN SEAFOODS EUROPE ApS
Personnel
2 persons
Established
2001
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About AMERICAN SEAFOODS EUROPE ApS

AMERICAN SEAFOODS EUROPE ApS (CVR number: 25898788) is a company from AALBORG. The company reported a net sales of 4.6 mDKK in 2023, demonstrating a growth of 19.7 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 0.2 mDKK), while net earnings were 119.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 84.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AMERICAN SEAFOODS EUROPE ApS's liquidity measured by quick ratio was 6.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 906.472 794.422 324.773 816.674 567.09
Gross profit2 273.142 302.591 765.172 470.123 057.21
EBIT191.69131.62104.76177.41192.45
Net earnings145.1666.00180.90325.99119.76
Shareholders equity total3 157.833 223.833 404.743 730.733 850.49
Balance sheet total (assets)3 665.493 885.863 896.144 120.284 578.69
Net debt-2 978.59-3 572.98-3 052.37-2 984.49-3 386.57
Profitability
EBIT-%4.9 %4.7 %4.5 %4.6 %4.2 %
ROA5.5 %3.7 %9.6 %13.1 %13.3 %
ROE4.7 %2.1 %5.5 %9.1 %3.2 %
ROI6.2 %4.2 %10.7 %14.3 %15.1 %
Economic value added (EVA)135.4192.4598.73120.37110.56
Solvency
Equity ratio86.2 %83.0 %87.4 %90.5 %84.1 %
Gearing
Relative net indebtedness %-63.3 %-104.2 %-110.9 %-68.5 %-59.1 %
Liquidity
Quick ratio8.17.812.611.16.6
Current ratio8.17.812.611.16.6
Cash and cash equivalents2 978.593 572.983 052.372 984.493 386.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %81.7 %120.5 %153.5 %97.7 %84.8 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.1%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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