SHIPCON ApS — Credit Rating and Financial Key Figures

CVR number: 26890136
Silovej 8 A, 9900 Frederikshavn
shipcon@shipcon.dk
tel: 96207080
www.shipcon.dk

Credit rating

Company information

Official name
SHIPCON ApS
Personnel
6 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About SHIPCON ApS

SHIPCON ApS (CVR number: 26890136) is a company from FREDERIKSHAVN. The company recorded a gross profit of 4187.3 kDKK in 2023. The operating profit was 149.1 kDKK, while net earnings were 115.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 56.1 %, 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. SHIPCON ApS's liquidity measured by quick ratio was 2.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 993.625 446.664 366.645 140.244 187.25
EBIT58.041 210.30412.36969.79149.06
Net earnings35.05932.82313.31742.94115.70
Shareholders equity total677.851 610.671 323.981 616.921 282.61
Balance sheet total (assets)1 481.083 053.212 368.992 735.232 285.82
Net debt-39.59-1 204.38-1 090.95-1 241.66-1 570.79
Profitability
EBIT-%
ROA4.1 %53.4 %15.3 %38.0 %5.9 %
ROE5.3 %81.5 %21.4 %50.5 %8.0 %
ROI8.7 %95.6 %24.5 %57.7 %9.1 %
Economic value added (EVA)20.92911.83301.35744.1797.44
Solvency
Equity ratio45.8 %52.8 %55.9 %59.1 %56.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.82.93.13.62.7
Current ratio1.82.93.13.62.7
Cash and cash equivalents39.591 204.381 090.951 241.661 570.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.94%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.1%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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