DANISH SALMON SLAGTERI ApS — Credit Rating and Financial Key Figures

CVR number: 36022124
Søren Nordbysvej 15, 9850 Hirtshals

Credit rating

Company information

Official name
DANISH SALMON SLAGTERI ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About DANISH SALMON SLAGTERI ApS

DANISH SALMON SLAGTERI ApS (CVR number: 36022124) is a company from HJØRRING. The company recorded a gross profit of 98.6 kDKK in 2021. The operating profit was 56.8 kDKK, while net earnings were 37.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was 18.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DANISH SALMON SLAGTERI ApS's liquidity measured by quick ratio was 0.1 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit1 702.761 865.4426.03198.9698.57
EBIT157.60116.97-48.36119.9556.84
Net earnings121.8990.26-39.3662.5137.91
Shareholders equity total75.67165.92126.56189.07226.98
Balance sheet total (assets)4 940.134 713.954 803.354 222.344 135.54
Net debt4 275.103 971.223 971.992 548.593 140.44
Profitability
EBIT-%
ROA3.2 %2.4 %-1.0 %2.7 %1.4 %
ROE4.8 %74.7 %-26.9 %39.6 %18.2 %
ROI3.6 %2.6 %-1.1 %3.0 %1.5 %
Economic value added (EVA)-68.11- 112.63- 245.71- 112.3962.35
Solvency
Equity ratio1.5 %3.5 %2.6 %4.5 %5.5 %
Gearing5651.3 %2393.9 %3138.4 %1637.6 %1411.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.92.62.20.20.1
Current ratio0.92.62.20.20.1
Cash and cash equivalents1.030.780.01547.6664.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.36%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.49%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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