COSCO SHIPPING Lines Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 15288191
Birkerød Kongevej 150 A, 3460 Birkerød
msv@coscoshippinglines.dk
tel: 45160161

Company information

Official name
COSCO SHIPPING Lines Denmark A/S
Established
1991
Company form
Limited company
Industry

About COSCO SHIPPING Lines Denmark A/S

COSCO SHIPPING Lines Denmark A/S (CVR number: 15288191) is a company from RUDERSDAL. The company recorded a gross profit of 18.7 mDKK in 2022. The operating profit was 2904.6 kDKK, while net earnings were 2287.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent and Return on Equity (ROE) was 100.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.7 %, 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. COSCO SHIPPING Lines Denmark A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit16 195.5918 738.6119 433.5819 081.1918 664.93
EBIT1 487.544 438.173 762.201 079.872 904.57
Net earnings1 396.783 440.322 449.311 249.842 287.86
Shareholders equity total5 957.759 398.0611 847.381 749.842 787.86
Balance sheet total (assets)41 355.7755 938.2324 737.4014 745.6111 787.67
Net debt20 772.9529 528.17-2 103.11- 636.79-2 203.84
Profitability
EBIT-%
ROA5.0 %9.3 %9.8 %8.4 %23.1 %
ROE19.2 %44.8 %23.1 %18.4 %100.8 %
ROI8.0 %13.4 %14.1 %14.8 %57.6 %
Economic value added (EVA)1 085.903 148.842 496.66525.602 461.35
Solvency
Equity ratio14.4 %16.8 %47.9 %11.9 %23.7 %
Gearing352.8 %324.4 %31.9 %292.4 %35.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.22.21.31.6
Current ratio1.21.22.21.31.6
Cash and cash equivalents244.79957.295 882.345 752.573 180.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:23.1%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.7%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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