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ESBJERG SHIPYARD A/S — Credit Rating and Financial Key Figures

CVR number: 12854242
Molevej 28, 6700 Esbjerg
tel: 75120150
Free credit report Annual report

Credit rating

Company information

Official name
ESBJERG SHIPYARD A/S
Personnel
61 persons
Established
1989
Company form
Limited company
Industry

About ESBJERG SHIPYARD A/S

ESBJERG SHIPYARD A/S (CVR number: 12854242) is a company from ESBJERG. The company recorded a gross profit of 50.1 mDKK in 2025. The operating profit was 15.4 mDKK, while net earnings were 13.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 31.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ESBJERG SHIPYARD A/S's liquidity measured by quick ratio was 1.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit38 565.0030 844.0036 628.4647 279.1750 131.33
EBIT8 339.001 655.005 088.4211 271.5015 448.91
Net earnings6 613.001 501.003 990.018 998.1413 164.93
Shareholders equity total20 524.0022 025.0026 014.9835 013.1248 178.04
Balance sheet total (assets)42 983.0050 193.0049 792.7485 847.80156 454.04
Net debt8 587.574 054.79-92 894.68
Profitability
EBIT-%
ROA23.6 %3.6 %10.5 %17.4 %14.0 %
ROE38.4 %7.1 %16.6 %29.5 %31.6 %
ROI23.6 %3.6 %12.0 %28.0 %30.7 %
Economic value added (EVA)7 639.97623.672 930.856 961.339 744.78
Solvency
Equity ratio100.0 %100.0 %57.0 %42.1 %31.9 %
Gearing33.0 %24.6 %15.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.41.4
Current ratio1.31.41.4
Cash and cash equivalents4 552.98100 200.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:31.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Chairman of the board
Board member
Board member

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