Nordic Fish Sauce A/S — Credit Rating and Financial Key Figures

CVR number: 43818996
Drejøvej 11, 7680 Thyborøn

Credit rating

Company information

Official name
Nordic Fish Sauce A/S
Established
2023
Company form
Limited company
Industry

About Nordic Fish Sauce A/S

Nordic Fish Sauce A/S (CVR number: 43818996) is a company from LEMVIG. The company recorded a gross profit of -338.4 kDKK in 2024. The operating profit was -382.7 kDKK, while net earnings were -299.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16 %, which can be considered poor and Return on Equity (ROE) was -13.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Fish Sauce A/S's liquidity measured by quick ratio was 4.4 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
2023
2024
Volume
Net sales
Gross profit- 446.59- 338.38
EBIT- 479.31- 382.70
Net earnings- 379.00- 299.16
Shareholders equity total2 233.112 342.12
Balance sheet total (assets)2 321.722 459.87
Net debt- 339.29- 283.71
Profitability
EBIT-%
ROA-20.6 %-16.0 %
ROE-17.0 %-13.1 %
ROI-21.5 %-16.7 %
Economic value added (EVA)- 375.37- 393.67
Solvency
Equity ratio96.2 %95.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.54.4
Current ratio23.919.6
Cash and cash equivalents339.29283.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-16.0%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.2%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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