GLYNGØRE SHELLFISH ApS — Credit Rating and Financial Key Figures

CVR number: 27481191
Kassehusvej 5, Glyngøre 7870 Roslev

Credit rating

Company information

Official name
GLYNGØRE SHELLFISH ApS
Personnel
2 persons
Established
2003
Domicile
Glyngøre
Company form
Private limited company
Industry

About GLYNGØRE SHELLFISH ApS

GLYNGØRE SHELLFISH ApS (CVR number: 27481191) is a company from SKIVE. The company recorded a gross profit of 399.3 kDKK in 2023. The operating profit was 162.9 kDKK, while net earnings were 164.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 58.2 %, 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. GLYNGØRE SHELLFISH ApS's liquidity measured by quick ratio was 2.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit405.81374.57400.49354.75399.27
EBIT-10.9511.77-14.74-31.70162.88
Net earnings2.3052.3132.6112.82164.73
Shareholders equity total1 217.451 269.771 302.371 315.191 479.92
Balance sheet total (assets)2 511.452 581.952 528.042 640.842 541.57
Net debt1 055.34924.88837.21956.65758.21
Profitability
EBIT-%
ROA1.7 %2.8 %2.4 %2.0 %9.9 %
ROE0.2 %4.2 %2.5 %1.0 %11.8 %
ROI1.8 %3.1 %2.7 %2.3 %10.9 %
Economic value added (EVA)-64.80-47.30-70.93-82.8965.27
Solvency
Equity ratio48.5 %49.2 %51.5 %49.8 %58.2 %
Gearing92.0 %79.8 %72.0 %79.3 %58.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.61.72.1
Current ratio1.51.61.81.92.4
Cash and cash equivalents64.8288.19100.7586.72100.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.89%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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