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

DAMPSKIBSSELSKABET NORDEN A/S (CVR number: 67758919) is a company from GENTOFTE. The company reported a net sales of 2432.2 mUSD in 2019, demonstrating a growth of 7.9 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 50.7 mUSD), while net earnings were 19.2 mUSD. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 46.6 %, 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 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.