Lerøy Seafood Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lerøy Seafood Denmark A/S
Lerøy Seafood Denmark A/S (CVR number: 37848204K) is a company from HJØRRING. The company reported a net sales of 1641.6 mDKK in 2024, demonstrating a decline of -4.7 % compared to the previous year. The operating profit percentage was at 3.9 % (EBIT: 64.5 mDKK), while net earnings were 43.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47 %, 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. Lerøy Seafood Denmark 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 169.66 | 1 313.92 | 1 484.98 | 1 722.39 | 1 641.65 |
Gross profit | 252.63 | 245.12 | 221.61 | 279.11 | 285.00 |
EBIT | 70.71 | 63.25 | 32.27 | 54.94 | 64.45 |
Net earnings | 60.12 | 44.87 | 20.42 | 31.65 | 43.30 |
Shareholders equity total | 301.13 | 311.44 | 283.88 | 304.68 | 333.50 |
Balance sheet total (assets) | 575.13 | 546.59 | 586.38 | 656.53 | 709.84 |
Net debt | 148.41 | 115.48 | 170.12 | 202.17 | 241.44 |
Profitability | |||||
EBIT-% | 6.0 % | 4.8 % | 2.2 % | 3.2 % | 3.9 % |
ROA | 13.0 % | 11.4 % | 5.7 % | 8.9 % | 9.7 % |
ROE | 20.6 % | 14.8 % | 6.9 % | 10.8 % | 13.6 % |
ROI | 16.0 % | 14.0 % | 7.1 % | 11.2 % | 11.9 % |
Economic value added (EVA) | 39.84 | 23.66 | 0.90 | 14.13 | 22.40 |
Solvency | |||||
Equity ratio | 52.4 % | 57.0 % | 48.4 % | 46.4 % | 47.0 % |
Gearing | 52.7 % | 38.5 % | 61.8 % | 67.7 % | 73.1 % |
Relative net indebtedness % | 21.9 % | 16.8 % | 19.3 % | 19.4 % | 21.9 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.9 | 0.7 | 0.7 | 0.6 |
Current ratio | 1.4 | 1.4 | 1.2 | 1.1 | 1.1 |
Cash and cash equivalents | 10.16 | 4.57 | 5.35 | 4.12 | 2.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.7 | 46.2 | 40.0 | 39.4 | 43.4 |
Net working capital % | 7.0 % | 6.1 % | 3.3 % | 1.5 % | 1.9 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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