OceanWide Seaweed ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OceanWide Seaweed ApS
OceanWide Seaweed ApS (CVR number: 43378015) is a company from MORSØ. The company recorded a gross profit of 646.5 kDKK in 2024, demonstrating a growth of 111.8 % compared to the previous year. The operating profit was 223.5 kDKK, while net earnings were 174 kDKK. The profitability of the company measured by Return on Assets (ROA) was 86.4 %, which can be considered excellent and Return on Equity (ROE) was 119.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. OceanWide Seaweed ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 369.60 | |
Gross profit | 305.26 | 646.50 |
EBIT | 27.35 | 223.48 |
Net earnings | 18.49 | 174.04 |
Shareholders equity total | 58.48 | 232.52 |
Balance sheet total (assets) | 138.78 | 378.98 |
Net debt | -54.04 | - 172.86 |
Profitability | ||
EBIT-% | 7.4 % | |
ROA | 19.9 % | 86.4 % |
ROE | 31.6 % | 119.6 % |
ROI | 40.9 % | 144.8 % |
Economic value added (EVA) | 18.30 | 173.71 |
Solvency | ||
Equity ratio | 42.1 % | 61.4 % |
Gearing | ||
Relative net indebtedness % | 4.6 % | |
Liquidity | ||
Quick ratio | 1.1 | 1.9 |
Current ratio | 1.1 | 1.9 |
Cash and cash equivalents | 54.04 | 172.86 |
Capital use efficiency | ||
Trade debtors turnover (days) | 13.8 | |
Net working capital % | 2.4 % | |
Credit risk | ||
Credit rating | BB | B |
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