Alba Shipping & Trading A/S

CVR number: 36945672
Tagholm 15, 9400 Nørresundby

Credit rating

Company information

Official name
Alba Shipping & Trading A/S
Established
2015
Company form
Limited company
Industry
  • Expand more icon50Water transport

About Alba Shipping & Trading A/S

Alba Shipping & Trading A/S (CVR number: 36945672K) is a company from AALBORG. The company reported a net sales of 69.6 mUSD in 2023, demonstrating a growth of 13.2 % compared to the previous year. The operating profit percentage was at 30.4 % (EBIT: 21.1 mUSD), while net earnings were 18.2 mUSD. The profitability of the company measured by Return on Assets (ROA) was 26.2 %, which can be considered excellent and Return on Equity (ROE) was 51.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.3 %, 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. Alba Shipping & Trading A/S's liquidity measured by quick ratio was 0.8 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 financials

Net sales (mUSD)

EBIT (mUSD)

Profitability

Solidity

Key figures (mUSD)

See financials
20192020202120222023
Volume
Net sales26.2629.7843.2261.4669.56
Gross profit14.7917.9323.1934.2642.65
EBIT3.474.714.0015.0121.11
Net earnings2.423.312.5013.1618.21
Shareholders equity total17.4221.7823.6736.1944.67
Balance sheet total (assets)38.8749.5557.4469.7096.49
Net debt13.9630.56
Profitability
EBIT-%13.2 %15.8 %9.3 %24.4 %30.4 %
ROA9.8 %10.7 %7.5 %24.3 %26.2 %
ROE14.4 %16.9 %11.0 %48.1 %51.5 %
ROI9.8 %10.7 %7.5 %26.2 %30.2 %
Economic value added (EVA)2.653.842.9113.1718.40
Solvency
Equity ratio100.0 %100.0 %100.0 %51.9 %46.3 %
Gearing67.6 %85.8 %
Relative net indebtedness %37.3 %63.2 %
Liquidity
Quick ratio1.10.8
Current ratio1.10.8
Cash and cash equivalents10.507.76
Capital use efficiency
Trade debtors turnover (days)31.139.7
Net working capital %3.0 %-6.2 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:26.2%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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