Alba Shipping & Trading A/S — Credit Rating and Financial Key Figures

CVR number: 36945672
Tagholm 15, 9400 Nørresundby

Credit rating

Company information

Official name
Alba Shipping & Trading A/S
Personnel
3 persons
Established
2015
Company form
Limited company
Industry

About Alba Shipping & Trading A/S

Alba Shipping & Trading A/S (CVR number: 36945672) is a company from AALBORG. The company recorded a gross profit of -87.4 kUSD in 2023. The operating profit was -160.8 kUSD, while net earnings were 16 mUSD. The profitability of the company measured by Return on Assets (ROA) was 44.4 %, which can be considered excellent and Return on Equity (ROE) was 44.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Alba Shipping & Trading A/S's liquidity measured by quick ratio was 27.9 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 financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2022
2023
Volume
Net sales
Gross profit-62.29-87.36
EBIT- 144.31- 160.85
Net earnings10 708.8315 971.98
Shareholders equity total31 882.9439 801.48
Balance sheet total (assets)32 044.4039 975.08
Net debt16.28-7.46
Profitability
EBIT-%
ROA33.7 %44.4 %
ROE33.6 %44.6 %
ROI33.9 %44.6 %
Economic value added (EVA)- 119.291 121.60
Solvency
Equity ratio99.5 %99.6 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio27.027.9
Current ratio27.027.9
Cash and cash equivalents0.967.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBB

Variable visualization

ROA:44.4%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-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

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