Alba Shipping & Trading A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2022 | 2023 | |
|---|---|---|
| Volume | ||
| Net sales | ||
| Gross profit | -62.29 | -87.36 |
| EBIT | - 144.31 | - 160.85 |
| Net earnings | 10 708.83 | 15 971.98 |
| Shareholders equity total | 31 882.94 | 39 801.48 |
| Balance sheet total (assets) | 32 044.40 | 39 975.08 |
| Net debt | 16.28 | -7.46 |
| Profitability | ||
| EBIT-% | ||
| ROA | 33.7 % | 44.4 % |
| ROE | 33.6 % | 44.6 % |
| ROI | 33.9 % | 44.6 % |
| Economic value added (EVA) | - 119.29 | 1 121.60 |
| Solvency | ||
| Equity ratio | 99.5 % | 99.6 % |
| Gearing | 0.1 % | |
| Relative net indebtedness % | ||
| Liquidity | ||
| Quick ratio | 27.0 | 27.9 |
| Current ratio | 27.0 | 27.9 |
| Cash and cash equivalents | 0.96 | 7.46 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | ||
| Credit risk | ||
| Credit rating | A | BBB |
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