Aros Shipping ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aros Shipping ApS
Aros Shipping ApS (CVR number: 40582738) is a company from AARHUS. The company reported a net sales of 5.4 mDKK in 2024, demonstrating a decline of -21.5 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 0.4 mDKK), while net earnings were 288.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.8 %, which can be considered excellent and Return on Equity (ROE) was 58.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.2 %, 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. Aros Shipping ApS's liquidity measured by quick ratio was 1.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 507.55 | 5 003.24 | 6 433.68 | 6 887.95 | 5 409.87 |
Gross profit | 941.59 | 1 077.94 | 1 537.12 | 1 706.30 | 1 688.55 |
EBIT | 103.63 | - 187.25 | 440.84 | 456.52 | 373.53 |
Net earnings | 57.87 | - 189.56 | 321.65 | 218.14 | 288.88 |
Shareholders equity total | 97.87 | -91.68 | 229.96 | 448.11 | 536.98 |
Balance sheet total (assets) | 979.28 | 853.75 | 922.28 | 1 188.26 | 1 337.10 |
Net debt | - 446.85 | -59.68 | - 236.36 | - 750.24 | - 819.29 |
Profitability | |||||
EBIT-% | 2.3 % | -3.7 % | 6.9 % | 6.6 % | 6.9 % |
ROA | 11.0 % | -19.5 % | 47.7 % | 43.3 % | 30.8 % |
ROE | 59.1 % | -39.8 % | 59.4 % | 64.3 % | 58.6 % |
ROI | 93.3 % | -321.2 % | 331.2 % | 116.9 % | 68.3 % |
Economic value added (EVA) | 79.02 | - 127.74 | 351.50 | 357.62 | 309.59 |
Solvency | |||||
Equity ratio | 10.0 % | -9.7 % | 24.9 % | 37.7 % | 40.2 % |
Gearing | 18.4 % | -0.8 % | 16.6 % | 14.5 % | 16.5 % |
Relative net indebtedness % | 9.2 % | 17.7 % | 6.5 % | -1.1 % | -2.0 % |
Liquidity | |||||
Quick ratio | 1.1 | 0.9 | 1.3 | 1.6 | 1.6 |
Current ratio | 1.1 | 0.9 | 1.3 | 1.6 | 1.6 |
Cash and cash equivalents | 464.87 | 60.38 | 274.53 | 815.01 | 907.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.1 | 40.2 | 26.5 | 13.8 | 19.9 |
Net working capital % | 1.8 % | -2.1 % | 3.3 % | 6.2 % | 9.6 % |
Credit risk | |||||
Credit rating | BB | B | BB | BBB | BBB |
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