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

CVR number: 67758919
Strandvejen 52, 2900 Hellerup

Credit rating

Company information

Official name
DAMPSKIBSSELSKABET NORDEN A/S
Personnel
246 persons
Established
1915
Company form
Limited company
Industry
  • Expand more icon50Water transport

About DAMPSKIBSSELSKABET NORDEN A/S

DAMPSKIBSSELSKABET NORDEN A/S (CVR number: 67758919K) is a company from GENTOFTE. The company reported a net sales of 4040.1 mUSD in 2024, demonstrating a growth of 9.4 % compared to the previous year. The operating profit percentage was at 5 % (EBIT: 202.1 mUSD), while net earnings were 162.7 mUSD. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.5 %, 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.

Financial information

See financials

Net sales (mUSD)

EBIT (mUSD)

Profitability

Solidity

Key figures (mUSD)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 597.803 551.805 312.403 691.904 040.10
Gross profit2 606.503 558.505 340.103 709.504 056.60
EBIT119.40245.50791.60421.60202.10
Net earnings86.00204.50743.50400.10162.70
Shareholders equity total902.50993.301 330.701 197.901 297.10
Balance sheet total (assets)1 824.802 453.502 755.402 343.902 254.80
Net debt- 294.00- 258.20- 747.60- 445.20- 157.40
Profitability
EBIT-%4.6 %6.9 %14.9 %11.4 %5.0 %
ROA6.9 %11.5 %30.9 %18.2 %9.6 %
ROE9.8 %21.6 %64.0 %31.6 %13.0 %
ROI8.0 %13.5 %38.0 %23.7 %12.2 %
Economic value added (EVA)65.68210.37752.42389.85150.56
Solvency
Equity ratio49.5 %40.5 %48.3 %51.1 %57.5 %
Gearing4.2 %15.4 %7.1 %9.3 %8.4 %
Relative net indebtedness %22.7 %29.5 %11.0 %15.9 %17.1 %
Liquidity
Quick ratio1.41.11.61.21.2
Current ratio1.51.21.71.31.4
Cash and cash equivalents331.60410.70842.30557.20266.60
Capital use efficiency
Trade debtors turnover (days)20.326.322.617.618.9
Net working capital %8.7 %4.9 %12.5 %8.2 %5.9 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:9.59%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer

Companies in the same industry

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