DAMPSKIBSSELSKABET NORDEN A/S — Credit Rating and Financial Key Figures

DAMPSKIBSSELSKABET NORDEN A/S (CVR number: 67758919K) is a company from GENTOFTE. The company reported a net sales of 3691.9 mUSD in 2023, demonstrating a decline of -30.5 % compared to the previous year. The operating profit percentage was at 11.4 % (EBIT: 421.6 mUSD), while net earnings were 400.1 mUSD. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 31.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.1 %, 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. DAMPSKIBSSELSKABET NORDEN A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.